SMXT
Income statement / Annual
Last year (2025), SolarMax Technology Inc.'s total revenue was $90.98 M,
an increase of 295.80% from the previous year.
In 2025, SolarMax Technology Inc.'s net income was -$6.32 M.
See SolarMax Technology Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$90.98 M |
$22.99 M |
$54.14 M |
$44.72 M |
$37.74 M |
$131.58 M |
$89.83 M |
$88.93 M |
| Cost of Revenue |
$86.75 M
|
$20.67 M
|
$42.99 M
|
$37.24 M
|
$31.79 M
|
$115.13 M
|
$80.58 M
|
$78.35 M
|
| Gross Profit |
$4.23 M
|
$2.31 M
|
$11.15 M
|
$7.48 M
|
$5.95 M
|
$16.45 M
|
$9.25 M
|
$10.58 M
|
| Gross Profit Ratio |
0.05
|
0.1
|
0.21
|
0.17
|
0.16
|
0.13
|
0.1
|
0.12
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$9.57 M
|
$27.44 M
|
$9.51 M
|
$14.37 M
|
$10.94 M
|
$11.45 M
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$367.00 K
|
$517.06 K
|
$1.16 M
|
$1.08 M
|
$1.21 M
|
$1.26 M
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$9.93 M
|
$27.96 M
|
$10.67 M
|
$15.45 M
|
$12.15 M
|
$12.71 M
|
$20.20 M
|
$18.80 M
|
| Other Expenses |
$1.65 M
|
$7.46 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$11.58 M
|
$35.42 M
|
$10.67 M
|
$15.45 M
|
$12.15 M
|
$12.71 M
|
$20.20 M
|
$18.80 M
|
| Cost And Expenses |
$98.33 M
|
$56.09 M
|
$53.66 M
|
$52.69 M
|
$43.94 M
|
$127.84 M
|
$100.78 M
|
$97.15 M
|
| Interest Income |
$539.00 K
|
$500.54 K
|
$68.85 K
|
$61.62 K
|
$185.58 K
|
$121.00 K
|
$434.17 K
|
$448.31 K
|
| Interest Expense |
$1.37 M
|
$1.57 M
|
$1.58 M
|
$1.83 M
|
$2.00 M
|
$3.21 M
|
$1.95 M
|
$1.85 M
|
| Depreciation & Amortization |
$1.60 M
|
$1.55 M
|
$1.61 M
|
$1.37 M
|
$359.86 K
|
$1.48 M
|
$618.80 K
|
$2.08 M
|
| EBITDA |
-$5.75 M |
-$30.19 M |
$3.56 M |
-$3.63 M |
-$1.26 M |
$7.13 M |
-$12.15 M |
-$7.06 M |
| EBITDA Ratio |
-0.06
|
-1.31
|
0.07
|
-0.08
|
-0.03
|
0.05
|
-0.14
|
-0.08
|
| Operating Income Ratio |
-0.08
|
-1.44
|
0.01
|
-0.18
|
-0.16
|
0.03
|
-0.12
|
-0.09
|
| Total Other Income/Expenses Net |
-$107.59 K
|
-$194.96 K
|
-$113.26 K
|
$1.14 M
|
$2.58 M
|
-$1.30 M
|
-$3.21 M
|
-$2.18 M
|
| Income Before Tax |
-$7.46 M
|
-$33.30 M
|
$370.59 K
|
-$6.83 M
|
-$3.62 M
|
$2.44 M
|
-$14.71 M
|
-$11.00 M
|
| Income Before Tax Ratio |
-0.08
|
-1.45
|
0.01
|
-0.15
|
-0.1
|
0.02
|
-0.16
|
-0.12
|
| Income Tax Expense |
-$1.14 M
|
$1.66 M
|
-$64.19 K
|
$41.43 K
|
-$300.66 K
|
$1.49 M
|
-$5.73 K
|
$1.07 M
|
| Net Income |
-$6.32 M
|
-$34.96 M
|
$434.79 K
|
-$6.87 M
|
-$3.32 M
|
$974.05 K
|
-$14.60 M
|
-$11.93 M
|
| Net Income Ratio |
-0.07
|
-1.52
|
0.01
|
-0.15
|
-0.09
|
0.01
|
-0.16
|
-0.13
|
| EPS |
-0.13 |
-0.79 |
0.0098 |
-0.15 |
-0.0699 |
0.0205 |
-0.32 |
-0.27 |
| EPS Diluted |
-0.13 |
-0.77 |
0.0098 |
-0.14 |
-0.0699 |
0.0205 |
-0.32 |
-0.27 |
| Weighted Average Shares Out |
$49.98 M
|
$44.34 M
|
$44.50 M
|
$44.50 M
|
$47.50 M
|
$47.50 M
|
$44.98 M
|
$44.98 M
|
| Weighted Average Shares Out Diluted |
$49.98 M
|
$45.16 M
|
$44.50 M
|
$47.50 M
|
$47.50 M
|
$47.50 M
|
$44.98 M
|
$44.98 M
|
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