SolarMax Technology
Sells and installs solar, battery-backup, LED, and large-scale EPC systems.
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Profile
Sells and installs photovoltaic and battery-backup systems for residential and commercial customers, alongside LED systems and services. The company has expanded into large-scale EPC work, while inactive China subsidiaries no longer generate reported revenue.
Sells and installs photovoltaic and battery-backup systems for residential and commercial customers. Its offerings also include LED systems and services for government and commercial users, while SMX Capital owns and maintains systems under existing leases.
Large-scale engineering, procurement and construction work extends the company’s energy-services offering. Operations are now concentrated in the United States; its China subsidiaries are inactive and have generated no China-segment revenue since after 2021.
Co-founder David Hsu has served as CEO and director since the company’s formation. The annual report says the business is largely dependent on his continued efforts, and the company remains subject to Nasdaq’s minimum-bid-price compliance process.
Company facts
Categories
Key statistics
Year to date −72.3% · Average volume (30d) 20.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 15, 2026Q1 FY26 | — | −$0.01 | — | — | $14.8M | — | +0.15% |
| Apr 6, 2026Q4 FY25 | — | −$0.02 | — | — | $46.6M | — | −11.41% |
| Nov 14, 2025Q3 FY25 | — | −$0.04 | — | — | $30.6M | — | −0.43% |
| Aug 14, 2025Q2 FY25 | — | −$0.04 | — | — | $6.9M | — | +10.87% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $6.4M | $6.9M | $6.9M | $30.6M | $46.6M | $14.8M | |
| Gross profit | $933.6K | $1.4M | $604.6K | $957.0K | $1.2M | $3.0M | |
| Operating income | −$1.8M | −$1.2M | −$1.8M | −$1.9M | −$1.6M | −$155.7K | |
| Net income | −$3.9M | −$1.3M | −$1.9M | −$2.3M | −$872.0K | −$306.7K | |
| Diluted EPS | −$1.03 | −$0.35 | −$0.50 | −$0.59 | −$0.19 | −$0.07 | |
| Gross margin | 14.5% | 20.5% | 8.8% | 3.1% | 2.7% | 20.5% | |
| Operating margin | -27.9% | -16.7% | -25.7% | -6.3% | -3.4% | -1.0% |
Fiscal years (4-quarter sums)FY22 $44.7M · FY23 $54.1M · FY24 $23.0M · FY25 $91.0M
Revenue by product · Q3 FY25
Revenue by geography · FY25
Balance sheet, Mar 31, 2026Cash & short-term investments $4.3M · Total debt $36.3M · Total assets $106.2M · Shareholders' equity −$11.4M
Dividends
No dividends on record.
Ownership
Shares outstanding 4.74M · Float 3.49M · 73.6% free float
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Tesla
Residential and commercial battery-storage systems
- NextEra Energy
Large-scale solar and battery-storage project development
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SolarMax Technology | $2.92 | −0.34% | $13.8M | — | — | 0.1 | +623.5% |
| Tesla | $348.19 | −0.16% | $1.38T | 322.9 | 174.6 | 13.3 | +25.5% |
| NextEra Energy | $81.84 | +0.02% | $170.72B | 18.3 | 19.9 | 5.9 | +12.5% |
| Median | 170.6 | 97.3 | 9.6 | +19.0% |




