SolarMax Technology (SMXT) Retained Earnings (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Retained Earnings came in at -$110.2 million in Q1 2026, down 219.3% year-on-year from $92.4 million in Q1 2025, and little changed on a QoQ basis from -$109.9 million in Q4 2025.
SolarMax Technology (SMXT) Retained Earnings (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Retained Earnings data on file, last reported at -$110.2 million in Q1 2026.
- On a quarterly basis, Retained Earnings fell 219.3% year-over-year to -$110.2 million in Q1 2026; TTM through Mar 2026 was -$110.2 million, a 219.3% decrease from a year earlier, with the FY2025 full-year figure at -$109.9 million, down 7484.34% from the prior year.
- Retained Earnings for Q1 2026 stood at -$110.2 million, roughly flat from -$109.9 million in the prior quarter.
- Over the last five years, Retained Earnings for SMXT reached as high as $100.6 million in Q3 2025 and fell as low as -$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.
- Year by year, Retained Earnings stood at -$1.2 million in 2022, then surged 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 fell by 0.28% to -$110.2 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | -168.20 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | -1.97 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -5.82 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -1.49 Bn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 64.41 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 131.86 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -78.13 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -8.16 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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 |