Filing Flows › SolarMax Technology (SMXT) › Q1 2026 › vs Q4 2025
SolarMax Technology (SMXT) Q1 2026 vs Q4 2025 (quarter over quarter)
SolarMax Technology's revenue fell $31.7M (-68%) from $46.6M in Q4 2025 to $14.8M in Q1 2026.
SolarMax Technology, Q1 2026: revenue $14.8M (+114% year over year), operating margin 0.6%, net loss $307K, operating cash flow −$4.2M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $14.8M | $46.6M | −$31.7M | -68% |
| Income tax benefit | $6K | $449K | −$443K | -99% |
| Net loss | $307K | $872K | −$566K | -65% |
| Costs & expenses | $15.1M | $47.9M | −$32.7M | -68% |
| Operating costs | $14.7M | $47.8M | −$33.1M | -69% |
| Interest & other, net | $409K | $58K | $352K | +610% |
| Cost of revenue | $11.8M | $45.3M | −$33.5M | -74% |
| Sales & marketing | $43K | $71K | −$28K | -40% |
| General & admin | $2.9M | $2.4M | $464K | +19% |
| Operating cash sources | $4.2M | $2.5M | $1.7M | +66% |
| Depreciation & amortization | $13K | $13K | −$140 | -1% |
| Cash used in operations | $4.2M | $2.5M | $1.7M | +66% |
| Net loss absorbed | $307K | $872K | −$566K | -65% |
| Working capital & other | $3.9M | $1.7M | $2.2M | +135% |
Questions
How much did SolarMax Technology's revenue grow quarter over quarter in Q1 2026?
SolarMax Technology's revenue fell $31.7M (-68%) from $46.6M in Q4 2025 to $14.8M in Q1 2026.