Solarmax Technology Inc. Common Stock (SMXT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 14.83M | 46.57M | 30.6M | 6.88M | 6.93M | 6.44M | 6.33M | 4.45M | 5.76M | 12.24M | 14.27M | 14.75M | 12.87M | 14.44M | 11.35M | 9.32M | 9.61M |
| Revenue Growth % | 114.08% | 623.48% | 383.34% | 54.52% | 20.18% | -47.43% | -55.64% | -69.81% | -55.21% | -15.21% | 25.77% | 58.28% | 33.93% | - | - | - | - |
| Cost of Goods Sold | 11.78M | 45.32M | 29.65M | 6.28M | 5.51M | 5.5M | 5.07M | 3.87M | 6.23M | 10.45M | 9.77M | 12.67M | 10.8M | 11.42M | 9.58M | 8.82M | 7.42M |
| COGS % of Revenue | 79.46% | 97.32% | 96.87% | 91.22% | 79.52% | 85.5% | 80.14% | 86.8% | 108.06% | 85.38% | 68.42% | 85.9% | 83.9% | 79.11% | 84.43% | 94.57% | 77.18% |
| Gross Profit | 3.05M | 1.25M | 957K | 604.56K | 1.42M | 933.56K | 1.26M | 588.08K | -464.41K | 1.79M | 4.51M | 2.08M | 2.07M | 3.02M | 1.77M | 505.91K | 2.19M |
| Gross Margin % | 20.54% | 2.68% | 3.13% | 8.78% | 20.48% | 14.5% | 19.86% | 13.2% | -8.06% | 14.62% | 31.58% | 14.1% | 16.1% | 20.89% | 15.57% | 5.43% | 22.82% |
| Gross Profit Growth % | 114.69% | 33.83% | -23.89% | 2.8% | 405.57% | -47.86% | -72.11% | -71.73% | -122.41% | -40.63% | 155.16% | 311.25% | -5.5% | - | - | - | - |
| Operating Expenses | 3.2M | 2.82M | 2.9M | 2.37M | 2.57M | 2.73M | 11.28M | 2.99M | 18.42M | 958.89K | 3.86M | 2.99M | 1.55M | 3.37M | 3.15M | 6.38M | 2.98M |
| OpEx % of Revenue | 21.59% | 6.05% | 9.47% | 34.48% | 37.16% | 42.43% | 178.23% | 67.07% | 319.5% | 7.83% | 27.01% | 20.27% | 12.01% | 23.35% | 27.72% | 68.39% | 31.05% |
| Selling, General & Admin | 2.68M | 2.18M | 2.9M | 2.37M | 2.48M | 2.73M | 3.82M | 2.99M | 18.42M | 958.89K | 3.86M | 2.99M | 1.55M | 3.37M | 3.15M | 6.38M | 2.98M |
| SG&A % of Revenue | 18.09% | 4.68% | 9.47% | 34.48% | 35.8% | 42.43% | 60.35% | 67.07% | 319.5% | 7.83% | 27.01% | 20.27% | 12.01% | 23.35% | 27.72% | 68.39% | 31.05% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 519.23K | 637.75K | 0 | 0 | 94.58K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -155.66K | -1.57M | -1.94M | -1.77M | -1.16M | -1.8M | -10.03M | -2.4M | -18.88M | 831.69K | 651.65K | -910.67K | 527.21K | -355.19K | -1.38M | -5.87M | -790.19K |
| Operating Margin % | -1.05% | -3.37% | -6.35% | -25.7% | -16.68% | -27.9% | -158.37% | -53.87% | -327.56% | 6.79% | 4.57% | -6.17% | 4.1% | -2.46% | -12.15% | -62.96% | -8.22% |
| Operating Income Growth % | 86.53% | 12.74% | 80.63% | 26.29% | 93.88% | -315.94% | -1638.76% | -163.5% | -3681.25% | 334.15% | 147.24% | 84.48% | 166.72% | - | - | - | - |
| EBITDA | 120.59K | -1.2B | 1.19B | -1.37M | -760.2K | -1.41M | -9.64M | -2.02M | -18.49M | 1.23M | 1.05M | -509.22K | 936.63K | 29.8K | -1.06M | -5.54M | -451.89K |
| EBITDA Margin % | 0.81% | -2569.72% | 3896.36% | -19.9% | -10.97% | -21.98% | -152.22% | -45.26% | -320.75% | 10.06% | 7.38% | -3.45% | 7.28% | 0.21% | -9.34% | -59.43% | -4.7% |
| EBITDA Growth % | 115.86% | -84474.44% | 12471.63% | 32.06% | 95.89% | -214.86% | -1014.79% | -295.91% | -2073.9% | 4034.51% | 199.43% | 90.81% | 307.27% | - | - | - | - |
| D&A (Non-Cash Add-back) | 276.25K | -1.2B | 1.19B | 398.96K | 395.31K | 380.96K | 389.1K | 383.51K | 392.58K | 400.19K | 401.95K | 401.45K | 409.42K | 384.99K | 319.7K | 329.18K | 338.3K |
| EBIT | -155.66K | -1.57M | -2.42M | -1.64M | -990.47K | -1.79M | -9.17M | -1.89M | -18.88M | 831.69K | 651.65K | -918.03K | 527.21K | 1.06M | -1.15M | -4.47M | -445.07K |
| Net Interest Income | -287.12K | -205.83K | -236K | -135.97K | -249.2K | -259.95K | -193.12K | -243.56K | -368.57K | -383.67K | -310.95K | -422.81K | -390.46K | -535.75K | -384.66K | -511.46K | -333.44K |
| Interest Income | 10.95K | 72.13K | 120K | 226.66K | 120.2K | 137.09K | 206.34K | 141.31K | 15.79K | 15.64K | 18.14K | 26.4K | 8.68K | 20.74K | 2.17K | 28.86K | 9.85K |
| Interest Expense | 298.06K | 277.96K | 356K | 362.64K | 369.4K | 397.04K | 399.46K | 384.87K | 384.36K | 399.31K | 329.09K | 449.21K | 399.14K | 556.5K | 386.83K | 540.32K | 343.28K |
| Other Income/Expense | -157.35K | 245.75K | -831K | -236.3K | -204.37K | -390.56K | 461.39K | 120.46K | -386.25K | -959.85K | 672.82K | -456.57K | 14.32K | 861.6K | -159.46K | 858.03K | 1.83K |
| Pretax Income | -313K | -1.32M | -2.77M | -2M | -1.36M | -2.19M | -9.57M | -2.28M | -19.27M | -128.16K | 1.32M | -1.37M | 541.53K | 506.41K | -1.54M | -5.01M | -788.36K |
| Pretax Margin % | -2.11% | -2.84% | -9.06% | -29.13% | -19.63% | -33.97% | -151.08% | -51.17% | -334.26% | -1.05% | 9.28% | -9.27% | 4.21% | 3.51% | -13.56% | -53.76% | -8.21% |
| Income Tax | -6.32K | -449.15K | -516K | -106.22K | -63.63K | 1.72M | 56.81K | -114.88K | 4.8K | -213.06K | -140.9K | 491.05K | -201.29K | -281.63K | 317.83K | -767 | 6K |
| Effective Tax Rate % | 2.02% | 34% | 18.61% | 5.3% | 4.68% | -78.53% | -0.59% | 5.04% | -0.02% | 166.25% | -10.64% | -35.92% | -37.17% | -55.61% | -20.65% | 0.02% | -0.76% |
| Net Income | -306.68K | -871.98K | -2.26M | -1.9M | -1.3M | -3.9M | -9.62M | -2.16M | -19.27M | 84.9K | 1.47M | -1.86M | 742.82K | 788.04K | -1.86M | -5.01M | -794.36K |
| Net Margin % | -2.07% | -1.87% | -7.38% | -27.59% | -18.71% | -60.64% | -151.98% | -48.59% | -334.34% | 0.69% | 10.27% | -12.6% | 5.77% | 5.46% | -16.36% | -53.75% | -8.27% |
| Net Income Growth % | 76.34% | 77.66% | 76.55% | 12.27% | 93.27% | -4697.71% | -756.68% | -16.46% | -2694.43% | -89.23% | 178.92% | 62.91% | 193.51% | - | - | - | - |
| Net Income (Continuing) | -306.68K | -871.98K | -2.26M | -1.9M | -1.3M | -3.9M | -9.62M | -2.16M | -19.27M | 84.9K | 1.47M | -1.86M | 742.82K | 788.04K | -1.86M | -5.01M | -794.36K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.01 | -0.02 | -0.05 | -0.04 | -0.03 | -0.09 | -0.21 | -0.05 | -0.46 | 0.00 | 0.03 | -0.04 | 0.02 | 0.02 | -0.04 | -0.11 | -0.02 |
| EPS Growth % | 81.16% | 81.55% | 76.52% | 20.69% | 93.65% | - | -738.3% | -24.88% | -2854.49% | -89.27% | 178.9% | 62% | 193.3% | - | - | - | - |
| EPS (Basic) | -0.01 | -0.02 | -0.05 | -0.04 | -0.03 | -0.09 | -0.21 | -0.05 | -0.46 | 0.00 | 0.03 | -0.04 | 0.02 | 0.02 | -0.04 | -0.11 | -0.02 |
| Diluted Shares Outstanding | 56.18M | 54.91M | 45.82M | 45.82M | 44.42M | 45.27M | 45.16M | 41.48M | 41.46M | 45.25M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M |
| Basic Shares Outstanding | 56.18M | 54.91M | 45.82M | 45.82M | 44.42M | 45.27M | 45.28M | 45.02M | 41.46M | 45.25M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |