SolarMax Q2 revenue up 53% to $6.9M; net loss narrows; announces $127M EPC contract

SolarMax Technology, Inc.

2025-Q2 EPS reported -$0.07 revenue$13,810,473

Revenue $6.9M (+53% YoY); gross profit $605K (+2.9%); operating expenses down 20% to $2.4M.
Net loss $1.9M ($0.04/shr) vs $2.2M ($0.05/shr) in Q2 2024, improved $0.3M.
CEO cites California NEM 3.0 headwinds but traction in dealer network and commercial EPC.
In July 2025, SolarMax announced $127.3M EPC contract for 430 MWh battery storage project in Texas, scheduled for June 2026.
Company shifting toward large-scale commercial and utility-scale projects for sustained growth.

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