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% on a QoQ basis from $46.6 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Revenue data on file, last reported at $14.8 million in Q1 2026.
- Quarterly Revenue rose 114.08% year-over-year to $14.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $98.9 million (up 309.46% YoY) and the FY2025 annual result came in at $91.0 million, up 295.8% from the prior year.
- Revenue slipped to $14.8 million in Q1 2026 per SMXT's latest filing, from $46.6 million in the prior quarter.
- Across five years, Revenue topped out at $46.6 million in Q4 2025 and bottomed at $4.5 million in Q2 2024.
- The 4-year median for Revenue is $12.2 million (2023), against an average of $14.1 million.
- The widest annual swing landed in 2024, when Revenue tumbled 69.81%; it then surged 623.48% in 2025.
- Tracing SMXT's Revenue over 4 years: stood at $12.2 million in 2023, then tumbled by 47.43% to $6.4 million in 2024, then surged by 623.48% to $46.6 million in 2025, then tumbled by 68.15% to $14.8 million in 2026.
- Per Business Quant, the three latest SMXT Revenue figures stand at $14.8 million (Q1 2026), $46.6 million (Q4 2025), and $30.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.22 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 282.90 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 223.41 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 1.78 Bn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 14.83 Mn |
Historic Data
Download 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 |