SolarMax Technology annual gross margin
2022
2023
2024
2025
SolarMax Technology Gross Margin Growth & History (SMXT)
SolarMax Technology's gross margin was 4.65% for fiscal 2025.
View full SolarMax Technology company overviewSolarMax Technology annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 4.65% | −5.42 pp |
| 2024 | 2024-12-31 | 10.07% | −10.52 pp |
| 2023 | 2023-12-31 | 20.59% | +3.86 pp |
| 2022 | 2022-12-31 | 16.73% | — |
SolarMax Technology quarterly gross margin
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 20.54% | +0.06 pp |
| Q4 2025 | 2025-12-31 | 2.68% | −11.82 pp |
| Q3 2025 | 2025-09-30 | 3.12% | −16.73 pp |
| Q2 2025 | 2025-06-30 | 8.78% | −4.42 pp |
| Q1 2025 | 2025-03-31 | 20.48% | +28.54 pp |
| Q4 2024 | 2024-12-31 | 14.50% | −9.57 pp |
| Q3 2024 | 2024-09-30 | 19.86% | −8.50 pp |
| Q2 2024 | 2024-06-30 | 13.20% | −0.90 pp |
| Q1 2024 | 2024-03-31 | −8.06% | −24.16 pp |
| Q4 2023 | 2023-12-31 | 24.08% | — |
| Q3 2023 | 2023-09-30 | 28.36% | — |
| Q2 2023 | 2023-06-30 | 14.10% | — |
| Q1 2023 | 2023-03-31 | 16.10% | — |
SolarMax Technology gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, SolarMax Technology's gross margin decreased from 16.73% to 4.65%, a change of −12.08 percentage points. The latest reported quarter, Q1 2026, shows 20.54%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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