SolarMax Tech reports FY2025 revenue of $91M, up 296% YoY; net loss narrows to $6.3M

SolarMax Technology, Inc.

Revenue $91.0M vs $23.0M in FY2024; gross profit $4.2M, up 83% YoY.
Net loss improved to $6.3M ($0.13/share) from $35.0M ($0.79/share) in 2024.
EPC services generated $60.2M, representing 66% of total revenue.
Three large BESS contracts in Texas and Puerto Rico represent >$500M expected revenue.
Total operating expenses reduced to $10.5M from $35.4M in prior year.

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