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
DateValue
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