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Cemtrex vs SolarMax Technology: CETX and SMXT compared
Cemtrex is the larger company: $18.4M of revenue in its latest quarter (Q3 FY26) against $10.2M for SolarMax Technology (Q2 2026). SolarMax Technology is growing faster (+49% against +9% a year earlier). Cemtrex is more profitable, with an operating margin of -6.5% against -43.5%.
Where the money goes: CETX and SMXT
Cemtrex (CETX) · Q3 FY26
Cemtrex, Q3 FY26: revenue $18.4M (+9% year over year), operating margin -6.5%, net loss $4.5M, operating cash flow $410K. The chart follows the revenue to costs, profit and cash.
SolarMax Technology (SMXT) · Q2 2026
SolarMax Technology, Q2 2026: revenue $10.2M (+49% year over year), operating margin -43.5%, net loss $4.7M, operating cash flow −$969K. The chart follows the revenue to costs, profit and cash.
| Cemtrex (CETX) | SolarMax Technology (SMXT) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 2026 |
| Revenue | $18.4M | $10.2M |
| Revenue growth, Y/Y | +9% | +49% |
| Operating margin | -6.5% | -43.5% |
| Net earnings | −$4.5M | −$4.7M |
| Net margin | -24.3% | -45.4% |
| Operating cash flow | $410K | −$969K |
Where the revenue comes from
Cemtrex
- Industrial Services: $10.0M (54%)
- Security: $6.3M (34%)
- Aerospace and Defense: $2.2M (12%)
- Corporate Segment: $13K (0%)
Questions
Which is bigger, Cemtrex or SolarMax Technology?
Cemtrex is the larger company: $18.4M of revenue in its latest quarter (Q3 FY26) against $10.2M for SolarMax Technology (Q2 2026).
Is Cemtrex or SolarMax Technology growing faster?
SolarMax Technology is growing faster (+49% against +9% a year earlier).
Which is more profitable, Cemtrex or SolarMax Technology?
Cemtrex is more profitable, with an operating margin of -6.5% against -43.5%.
More: Cemtrex earnings · how Cemtrex makes money · SolarMax Technology earnings · how SolarMax Technology makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Oct 8, 2026). Fiscal quarters can end on different dates. Not investment advice.