SolarMax Technology, Inc. (SMXT)
NASDAQ: SMXT · Real-Time Price · USD
4.620
-0.050 (-1.07%)
At close: Oct 21, 2026, 4:00 PM EDT
4.940
+0.320 (6.93%)
After-hours: Oct 21, 2026, 7:50 PM EDT

SolarMax Technology Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
102.2590.9822.9954.1444.7237.74
Revenue Growth
284.69%295.80%-57.54%21.07%18.49%-71.32%
Gross Profit
7.674.233.5811.157.485.95
Operating Income
-3.47-6.3-7.110.48-7.97-6.2
Net Income
-8.09-6.33-34.960.43-6.87-3.32
Earnings Per Share
-1.78-1.56-9.480.12-2.08-1.00
EPS Growth
------

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2.168.497.122.543.829.89
Total Debt
36.0327.234.8441.8850.2152.51
Net Cash (Debt)
-33.87-18.71-27.72-39.35-46.39-42.63
Net Cash Growth
------
Net Cash Per Share
-7.32-4.49-7.50-11.80-14.01-12.87

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-4.280.5-9.134.09-1.97-5.35
Capital Expenditures
----0.03-0.08-
Free Cash Flow
-4.280.5-9.134.06-2.06-5.35
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
7.50%4.65%15.57%20.59%16.73%15.76%
Operating Margin
-3.39%-6.92%-30.91%0.89%-17.82%-16.43%
Pretax Margin
-8.89%-8.20%-144.86%0.68%-15.28%-9.59%
Profit Margin
-7.92%-6.95%-152.10%0.80%-15.37%-8.80%
FCF Margin
-4.18%0.55%-39.72%7.51%-4.60%-14.18%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
-89.49----
PS Ratio
0.210.493.19---