NASDAQ:SMXT
SolarMax Technology, Inc.
SolarMax Technology, Inc.'s revenue grew 295.8% in fiscal 2025 to $91.0M while operating margin rose to −6.9%. The diluted share count rose 12.7%.Summary generated from SolarMax Technology, Inc.'s SEC filings. Latest annual report filed Apr 6, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$91.0M
Revenue growth+295.8%
Revenue, 5-yr CAGRn/a
Gross margin4.6%
Operating margin−6.9%
Net margin−7.0%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flown/a
FCF marginn/a
Share count change+12.7%
Financials
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 45 | 54 | 23 | 91 |
| Operating income | −8 | 0 | −33 | −6 |
| Net income | −7 | 0 | −35 | −6 |
| Free cash flow | −2 | 4 | −9 | n/a |
Recent filings
- 8-KResults of operations and financial condition
Oct 9, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Oct 8, 2026 - 8-KNotice of delisting or listing-rule failure
Aug 21, 2026 - 8-KAmendment to articles or bylaws
Aug 11, 2026 - 8-KAmendment to articles or bylaws
Aug 5, 2026 - 8-KAmendment to articles or bylaws
Jul 28, 2026 - 8-KNotice of delisting or listing-rule failure
Jun 30, 2026 - 8-KDirector or officer change
May 19, 2026