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NASDAQ: SMXT
Solarmax Technology Revenue

OverviewEarningsRevenue
DividendOwnership
Solarmax Technology revenue was $24.15M for the trailing 12 months ending Mar 31, 2025, with N/A growth year over year. Quarterly revenue for the quarter (Q1 2025) ending on Mar 31, 2025 was $6.9M, up 7.6% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, SMXT annual revenue was $23.0M, with -57.5% growth year-over-year.

SMXT past revenue growth

How has SMXT's revenue growth performed historically?

Company
-48.65%
Industry
5.46%
Market
34.96%
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Revenue Growth vs Industry Performance
SMXT's revenue has grown slower... subscribe to Premium to read more.
Revenue Growth vs Market Performance

SMXT revenue history

Current Revenue
$24.2M
Current Earnings
-$17.0M
Current Profit Margin
-70.3%

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SMXT Revenue History By Year

SMXT Yearly RevenueSMXT RevenueSMXT ChangeSMXT Revenue Growth
2024-12-31$22.99M-$31.15M-57.54%
2023-12-31$54.14M$9.42M+21.07%
2022-12-31$44.72M$6.98M+18.49%
2021-12-31$37.74M-$93.84M-71.32%
2020-12-31$131.58MN/AN/A

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Solarmax Technology Revenue FAQ

What was SMXT's revenue last quarter?

Solarmax Technology (NASDAQ: SMXT) reported Q1 2025 revenue of $6.93 million up 20.18% year over year. In the same quarter last year, Solarmax Technology's revenue was $5.76 million.

What was Solarmax Technology's revenue in 2024?

Solarmax Technology's annual revenue for the twelve months ending Dec 31, 2024 was $22.99 million, a 57.54% decrease year over year.

How much does Solarmax Technology make in a day?

Based on Solarmax Technology annual revenue for the past four years, SMXT makes an average of $109,304.88 per day.

What was Solarmax Technology's annual revenue growth in the past year?

As of Q2 2025, Solarmax Technology's revenue has grown -48.65% year over year. This is 54.12 percentage points lower than the US Solar industry revenue growth rate of 5.46%. Solarmax Technology's revenue in the past year totaled $24.15 million.

How much does Solarmax Technology make in a year?

Solarmax Technology's revenue by year for the past four years is:
  • Solarmax Technology's revenue for the twelve months ending Dec 31, 2024 was $22.99 million, a 57.54% decrease year over year.
  • Solarmax Technology's annual revenue for Dec 31, 2023 was $54.14 million, a 21.07% increase from 2022.
  • Solarmax Technology's annual revenue for 2022 was $44.72 million, a 18.49% increase from 2021.
  • Solarmax Technology's annual revenue for 2021 was $37.74 million, a 71.32% decrease from 2020.
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