SolarMax Technology (SMXT) Retained Earnings (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Retained Earnings of -$110.2 million for Q1 2026, down 219.3% year-over-year from $92.4 million in Q1 2025, and little changed quarter-over-quarter from -$109.9 million in Q4 2025.
SolarMax Technology (SMXT) Retained Earnings (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Retained Earnings for 5 consecutive years, with -$110.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Retained Earnings fell 219.3% year-over-year to -$110.2 million; the TTM figure through Mar 2026 stood at -$110.2 million (down 219.3% YoY), while the FY2025 annual figure was -$109.9 million, down 7484.34% from the prior year.
- Retained Earnings held at -$110.2 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 $100.6 million in Q3 2025 and bottomed at -$110.2 million in Q1 2026.
- Historically, Retained Earnings has averaged $11.0 million across 5 years, with a median of -$1.2 million in 2022.
- On a YoY basis, Retained Earnings climbed as much as 6298.32% in 2025 and fell as far as 7484.34% in 2025.
- SolarMax Technology's Retained Earnings stood at -$1.2 million in 2022, then soared by 4878.2% to $55.8 million in 2023, then plunged by 102.6% to -$1.4 million in 2024, then plunged by 7484.34% to -$109.9 million in 2025, then dropped by 0.28% to -$110.2 million in 2026.
- Business Quant data shows SMXT's Retained Earnings at -$110.2 million in Q1 2026, -$109.9 million in Q4 2025, and $100.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 7.56 Bn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 4.36 Bn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 1.36 Bn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 6.97 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 1.93 Bn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 498.50 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.48 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | -396.52 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn | -110.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -110.22 Mn |
| Dec 31, 2025 | -109.91 Mn |
| Sep 30, 2025 | 100.62 Mn |
| Jun 30, 2025 | 95.05 Mn |
| Mar 31, 2025 | 92.39 Mn |
| Dec 31, 2024 | -1.45 Mn |
| Sep 30, 2024 | 91.89 Mn |
| Jun 30, 2024 | -90.06 Mn |
| Mar 31, 2024 | -1.49 Mn |
| Dec 31, 2023 | 55.79 Mn |
| Dec 31, 2022 | -1.17 Mn |