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| 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 |