SolarMax Technology, Inc. (SMXT)

NASDAQ: SMXT · Real-Time Price · USD

3.645

-0.175 (-4.58%)

At close: Aug 21, 2026, 4:00 PM EDT

3.468

-0.177 (-4.85%)

After-hours: Aug 21, 2026, 7:30 PM EDT

SolarMax Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	98.89	90.98	22.99	54.14	44.72	37.74
Revenue Growth	309.46%	295.80%	-57.54%	21.07%	18.49%	-71.32%
Cost of Revenue	93.03	86.75	19.41	42.99	37.24	31.79
Gross Profit	5.86	4.23	3.58	11.15	7.48	5.95
Selling, General & Admin	10.9	10.53	10.68	10.67	15.45	12.15
Operating Expenses	10.9	10.53	10.68	10.67	15.45	12.15
Operating Income	-5.04	-6.3	-7.11	0.48	-7.97	-6.2
Interest Expense	-1.29	-1.37	-1.57	-1.69	-1.83	-2
Interest & Investment Income	0.43	0.54	0.7	0.38	0.32	0.19
Earnings From Equity Investments	0.03	0.25	0.63	0.86	0.49	0.87
Currency Exchange Gain (Loss)	0.34	0.45	-0.33	-0.27	-0.94	0.3
Other Non Operating Income (Expenses)	0.13	0	-0	0.31	0.06	0.34
EBT Excluding Unusual Items	-5.41	-6.42	-7.67	0.08	-9.86	-6.51
Impairment of Goodwill	-	-	-7.46	-	-	-
Gain (Loss) on Sale of Assets	-0.07	-0.07	0.02	-	-	-
Legal Settlements	-	-	-0.03	-	-	0.08
Other Unusual Items	-0.94	-0.98	-18.16	0.03	3.03	2.81
Pretax Income	-6.41	-7.46	-33.3	0.37	-6.83	-3.62
Income Tax Expense	-1.08	-1.13	1.66	-0.06	0.04	-0.3
Earnings From Continuing Operations	-5.34	-6.33	-34.96	0.43	-6.87	-3.32
Net Income	-5.34	-6.33	-34.96	0.43	-6.87	-3.32
Net Income to Common	-5.34	-6.33	-34.96	0.43	-6.87	-3.32
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	4	4	4	3	3	3
Shares Outstanding (Diluted)	4	4	4	3	3	3
Shares Change	17.38%	12.71%	10.79%	0.73%	-	-1.06%
EPS (Basic)	-1.21	-1.52	-9.46	0.13	-2.08	-1.00
EPS (Diluted)	-1.30	-1.56	-9.48	0.12	-2.08	-1.00
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-3.09	0.5	-9.13	4.06	-2.06	-5.35
Free Cash Flow Per Share	-0.70	0.12	-2.47	1.22	-0.62	-1.62
Gross Margin	5.92%	4.65%	15.57%	20.59%	16.73%	15.76%
Operating Margin	-5.10%	-6.92%	-30.91%	0.89%	-17.82%	-16.43%
Profit Margin	-5.40%	-6.95%	-152.10%	0.80%	-15.37%	-8.80%
Free Cash Flow Margin	-3.12%	0.55%	-39.72%	7.51%	-4.60%	-14.18%
EBITDA	-4.99	-6.23	-7.02	0.66	-7.69	-5.84
EBITDA Margin	-5.04%	-6.85%	-30.56%	1.23%	-17.20%	-15.48%
D&A For EBITDA	0.06	0.06	0.08	0.18	0.28	0.36
EBIT	-5.04	-6.3	-7.11	0.48	-7.97	-6.2
EBIT Margin	-5.10%	-6.92%	-30.91%	0.89%	-17.82%	-16.43%

SEC Filings: 10-K · 10-Q