SolarMax Technology's earnings have been declining at an average annual rate of -37.6%, while the Electrical industry saw earnings growing at 17.7% annually. Revenues have been declining at an average rate of 12.3% per year.
How SolarMax Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NasdaqCM:SMXT Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
91
-6
11
0
30 Sep 25
51
-9
-7
0
30 Jun 25
27
-17
-6
0
31 Mar 25
24
-17
-5
0
31 Dec 24
23
-35
11
0
30 Sep 24
29
-31
28
0
30 Jun 24
37
-20
28
0
31 Mar 24
47
-20
28
0
31 Dec 23
54
0
11
0
30 Sep 23
56
1
11
0
30 Jun 23
53
-2
11
0
31 Mar 23
48
-5
14
0
31 Dec 22
45
-7
15
0
30 Sep 22
39
-9
16
0
30 Jun 22
35
-7
16
0
31 Mar 22
40
-3
12
0
31 Dec 21
38
-3
12
0
31 Dec 20
132
1
13
0
30 Sep 19
57
-11
19
0
30 Jun 19
66
-14
21
0
31 Mar 19
87
-15
21
0
31 Dec 18
90
-15
20
0
30 Sep 18
88
-14
18
0
30 Jun 18
94
-11
17
0
31 Mar 18
88
-9
17
0
31 Dec 17
89
-12
19
0
30 Sep 17
81
-12
22
0
30 Jun 17
60
-15
22
0
31 Mar 17
63
-13
21
0
31 Dec 16
79
-8
18
0
30 Sep 16
75
-6
12
0
30 Jun 16
76
-5
12
0
31 Mar 16
56
-6
11
0
31 Dec 15
36
-7
10
0
Quality Earnings: SMXT is currently unprofitable.
Growing Profit Margin: SMXT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMXT is unprofitable, and losses have increased over the past 5 years at a rate of 37.6% per year.
Accelerating Growth: Unable to compare SMXT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMXT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (23.6%).
Return on Equity
High ROE: SMXT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/11 19:25
End of Day Share Price
2026/05/08 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SolarMax Technology, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.