SolarMax Technology (SMXT) Retained Earnings (2022 - 2026)
SolarMax Technology (SMXT) reported Retained Earnings of -$1.4 million for Q1 2026, up 98.66% year-over-year from -$707267.0 in Q1 2025, and up 98.72% on a QoQ basis from -$109.9 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Retained Earnings data on file, last reported at -$1.4 million in Q1 2026.
- Quarterly Retained Earnings rose 98.66% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.4 million (up 98.66% YoY) and the FY2025 annual result came in at -$109.9 million, down 6.11% from the prior year.
- Retained Earnings grew to -$1.4 million in Q1 2026 per SMXT's latest filing, from -$109.9 million in the prior quarter.
- Across five years, Retained Earnings topped out at -$1.2 million in Q4 2022 and bottomed at -$109.9 million in Q4 2025.
- The 5-year median for Retained Earnings is -$1.4 million (2025), against an average of -$45.9 million.
- The widest annual swing landed in 2024, when Retained Earnings plunged 7976.35%; it then soared 98.66% in 2026.
- Tracing SMXT's Retained Earnings over 5 years: stood at -$1.2 million in 2022, then decreased by 9.86% to -$1.3 million in 2023, then sank by 7976.35% to -$103.6 million in 2024, then fell by 6.11% to -$109.9 million in 2025, then surged by 98.72% to -$1.4 million in 2026.
- Per Business Quant, the three latest SMXT Retained Earnings figures stand at -$1.4 million (Q1 2026), -$109.9 million (Q4 2025), and -$1.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -168.20 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 183,000.00 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.48 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -211.30 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 4.94 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -3.66 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 131.86 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -420.86 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | -1.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.41 Mn |
| Dec 31, 2025 | -109.91 Mn |
| Sep 30, 2025 | -109.04 Mn |
| Jun 30, 2025 | -1.45 Mn |
| Mar 31, 2025 | -1.45 Mn |
| Dec 31, 2024 | -103.59 Mn |
| Sep 30, 2024 | -1.38 Mn |
| Jun 30, 2024 | -90.06 Mn |
| Mar 31, 2024 | -87.90 Mn |
| Dec 31, 2023 | -1.28 Mn |
| Dec 31, 2022 | -69.06 Mn |