SolarMax Technology (SMXT) Revenue (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Revenue came in at $14.8 million in Q1 2026, up 114.08% year-over-year from $6.9 million in Q1 2025, and down 68.15% quarter-over-quarter from $46.6 million in Q4 2025.
Analysis
SolarMax Technology (SMXT) Revenue (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Revenue for 4 consecutive years, with $14.8 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Revenue rose 114.08% year-over-year to $14.8 million in Q1 2026; TTM through Mar 2026 was $98.9 million, a 309.46% increase from a year earlier, with the FY2025 full-year figure at $91.0 million, up 295.8% from the prior year.
- Revenue was $14.8 million for Q1 2026 at SolarMax Technology, down from $46.6 million in the prior quarter.
- Over five years, Revenue peaked at $46.6 million in Q4 2025 and troughed at $4.5 million in Q2 2024.
- A 4-year average of $14.1 million and a median of $12.2 million in 2023 frame the typical range for Revenue.
- Across the five-year window, Revenue slumped 69.81% in 2024 and soared 623.48% in 2025, its largest moves.
- Over 4 years, Revenue stood at $12.2 million in 2023, then slumped by 47.43% to $6.4 million in 2024, then soared by 623.48% to $46.6 million in 2025, then slumped by 68.15% to $14.8 million in 2026.
- The last three Revenue figures came in at $14.8 million (Q1 2026), $46.6 million (Q4 2025), and $30.6 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.10 Bn | 2.10 Bn | 527.54 Mn | 869.99 Mn |
| 2 | SunPower | 47.23 Mn | 43.13 Mn | 24.96 Mn | 54.86 Mn |
| 3 | SUNation Energy | 28.93 Mn | 25.87 Mn | 2.13 Mn | 8.16 Mn |
| 4 | SolarMax Technology | 10.30 Mn | 5.71 Mn | 3.05 Mn | 14.83 Mn |
| 5 | Founder | 2.09 Mn | -27.79 Mn | - | - |
| 6 | Zeo Energy | 700,376.81 | -2.23 Mn | 7.62 Mn | 16.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.83 Mn |
| Dec 31, 2025 | 46.57 Mn |
| Sep 30, 2025 | 30.60 Mn |
| Jun 30, 2025 | 6.88 Mn |
| Mar 31, 2025 | 6.93 Mn |
| Dec 31, 2024 | 6.44 Mn |
| Sep 30, 2024 | 6.33 Mn |
| Jun 30, 2024 | 4.45 Mn |
| Mar 31, 2024 | 5.76 Mn |
| Dec 31, 2023 | 12.24 Mn |
| Sep 30, 2023 | 14.27 Mn |
| Jun 30, 2023 | 14.75 Mn |
| Mar 31, 2023 | 12.87 Mn |