SolarMax Q3 revenue surges 383% to $30.6M; net loss narrows to $2.3M

SolarMax Technology, Inc.

2025-Q3 EPS reported -$0.11 revenue$44,413,061

Revenue $30.6M, up 383% YoY from $6.3M, driven by Texas battery storage EPC project.
Gross profit $956K, down 24% from $1.3M; margin timing on industrial project cited.
Net loss $2.3M ($0.04/share) improved from $9.6M ($0.21) loss; operating expenses fell 73%.
CEO expects gross profit to catch up as project milestones are completed; foundation strengthening.

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