SolarMax Technology SMXT
NASDAQ SMXT
$2.42 +0.27 (+12.56%)
At close: Sep 10, 2026 · 4:00 PM EDT

SolarMax Technology (SMXT) Tax Rate (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Tax Rate came in at 2.02% in Q1 2026, down 266.0% year-over-year from 1.22% in Q1 2025, and down 94.06% quarter-over-quarter from 33.99% in Q4 2025.

Analysis

SolarMax Technology (SMXT) Tax Rate (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Tax Rate for 4 consecutive years, with 2.02% the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Tax Rate fell 266.0% year-over-year to 2.02% in Q1 2026; TTM through Mar 2026 was 16.8%, a 2716.0% increase from a year earlier, with the FY2025 full-year figure at 15.21%, up 2021.0% from the prior year.
  • Tax Rate was 2.02% for Q1 2026 at SolarMax Technology, down from 33.99% in the prior quarter.
  • Over five years, Tax Rate peaked at 166.25% in Q4 2023 and troughed at 78.53% in Q4 2024.
  • A 4-year average of 5.61% and a median of 2.02% in 2026 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 24478 bps in 2024 and jumped 11253 bps in 2025, its largest moves.
  • Over 4 years, Tax Rate stood at 166.25% in 2023, then plunged by 147 bps to 78.53% in 2024, then soared by 143 bps to 33.99% in 2025, then sank by 94 bps to 2.02% in 2026.
  • The last three Tax Rate figures came in at 2.02% (Q1 2026), 33.99% (Q4 2025), and 18.59% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sunrun 2.06 Bn 2.06 Bn 527.54 Mn 1.87%
2 SunPower 52.30 Mn 48.20 Mn 24.96 Mn -
3 SUNation Energy 21.76 Mn 18.70 Mn 2.13 Mn -0.34%
4 SolarMax Technology 10.72 Mn 6.13 Mn 3.05 Mn 2.02%
5 Founder 1.62 Mn -28.27 Mn - -
6 Zeo Energy 1.57 Mn 16.56 Mn 7.62 Mn -3.65%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 2.02%
Dec 31, 2025 33.99%
Sep 30, 2025 18.59%
Jun 30, 2025 5.30%
Mar 31, 2025 4.68%
Dec 31, 2024 -78.53%
Sep 30, 2024 -0.59%
Jun 30, 2024 5.04%
Mar 31, 2024 -0.02%
Dec 31, 2023 166.25%
Sep 30, 2023 -10.64%
Jun 30, 2023 -35.92%
Mar 31, 2023 -37.17%