FY2025 · ended Dec 31, 2025 · Revenue $90.98M, +295.8% YoY · Filed Apr 6, 2026
SolarMax Technology, Inc. (SMXT) files with the SEC under industry code 1700, Construction - Special Trade Contractors. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $91.0 million and a net loss of $6.3 million. As of Jun 30, 2026 it held $37.2 million in cash and investments and $11.7 million in total debt.
Revenue (TTM)
$102.25M
+284.7% vs year-ago TTM
Net income (TTM)
$-8.09M
+51.6% vs year-ago TTM
Operating cash flow (TTM)
$-4.28M
-187.4% vs year-ago TTM
Free cash flow
$-9.13M
-324.7% vs prior year
EPS (TTM)
$-0.16
Dividend per share
None
Shares outstanding
56.91M
+24.2% vs prior year
Net cash
$25.51M
as of Jun 30, 2026
Operating margin
-7.6%
FY 2026
Company profile
- Industry
- Construction - Special Trade Contractors (SIC 1700)
- Listed as
- SMXT (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Riverside, CA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1519472
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Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $91.0M | $23.0M | $54.1M |
| Operating income | -$6.3M | -$33.1M | $483,851 |
| Net income | -$6.3M | -$35.0M | $434,786 |
| Diluted EPS | -$0.13 | -$0.79 | $0.01 |
| Operating cash flow | $498,049 | -$9.1M | $4.1M |
| Free cash flow | — | -$9.1M | $4.1M |
| Total assets | $91.3M | $38.6M | $48.7M |
| Total liabilities | $103.5M | $53.7M | $64.5M |
| Stockholders' equity | -$12.2M | -$15.1M | -$15.9M |
| Cash and investments | $8.0M | $7.1M | $2.5M |
| Total debt | $1.7M | $3.8M | $6.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 9, 2026 | Oct 8, 2026 |
| 10-Q | Quarterly report | Oct 8, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Listing notice
|
Aug 21, 2026 | Aug 20, 2026 |
| 8-K |
Current report
Change to shareholder rights, Bylaw or fiscal year change
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Change to shareholder rights, Bylaw or fiscal year change
|
Aug 5, 2026 | Aug 4, 2026 |
| 8-K |
Current report
Change to shareholder rights, Bylaw or fiscal year change
|
Jul 28, 2026 | Jul 26, 2026 |
All 117 SolarMax Technology, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.