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-on-year from $6.9 million in Q1 2025, and down 68.15% on a QoQ basis 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.

  • 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 for Q1 2026 stood at $14.8 million, down from $46.6 million in the prior quarter.
  • Over the last five years, Revenue for SMXT reached as high as $46.6 million in Q4 2025 and fell as low as $4.5 million in Q2 2024.
  • Historically, Revenue has averaged $14.1 million across 4 years, with a median of $12.2 million in 2023.
  • Across the five-year window, Revenue tumbled 69.81% in 2024 and surged 623.48% in 2025, its largest moves.
  • Year by year, Revenue stood at $12.2 million in 2023, then slumped by 47.43% to $6.4 million in 2024, then jumped by 623.48% to $46.6 million in 2025, then slumped by 68.15% to $14.8 million in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $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 22.08 Bn 19.65 Bn 486.13 Mn 1.04 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 880.52 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 282.90 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 1.78 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 310.50 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 722.23 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 140.56 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.22 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 223.41 Mn
10 SolarMax Technology 18.57 Mn 13.99 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