SolarMax Technology (SMXT) Revenue (2023 - 2026)

SolarMax Technology (SMXT) reported Revenue of $14.8 million for 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.

SolarMax Technology (SMXT) Revenue (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Revenue data on file, last reported at $14.8 million in Q1 2026.

  • Revenue for Q1 2026 came in at $14.8 million, up 114.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $98.9 million (up 309.46% YoY), and the FY2025 annual result was $91.0 million, up 295.8% from the prior year.
  • Revenue retreated to $14.8 million in Q1 2026 per SMXT's latest filing, 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.
  • The sharpest annual moves came in 2024 and 2025: Revenue sank 69.81% in 2024, then jumped 623.48% in 2025.
  • A 4-year view of Revenue shows it stood at $12.2 million in 2023, then sank by 47.43% to $6.4 million in 2024, then jumped by 623.48% to $46.6 million in 2025, then sank by 68.15% to $14.8 million in 2026.
  • Business Quant data shows SMXT's Revenue at $14.8 million in Q1 2026, $46.6 million in Q4 2025, and $30.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.04 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 880.52 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 282.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 310.50 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 722.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 140.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 223.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.78 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 25.20 Mn
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn 14.83 Mn

Historic Data

Download Data
DateValue
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