---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-26-000665"
form_type: "8-K"
ticker: "SMXT"
cik: "0001519472"
company_name: "SolarMax Technology, Inc."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:00:39.664611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001640334-26-000665
- form_type: 8-K
- ticker: SMXT
- cik: 0001519472
- company_name: SolarMax Technology, Inc.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/0001640334-26-000665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-26-000665
- JSON: https://secwatch.observer/filing/0001640334-26-000665.json
- Plain text: https://secwatch.observer/filing/0001640334-26-000665.txt

## Key facts
- Earnings Releases
  SolarMax Technology, Inc. reported the fiscal year ended December 31, 2025 results: revenue $91.0 million, net income Net loss: $35.0 million, EPS $0.79 per share.
  - Period: the fiscal year ended December 31, 2025
  - Revenue: $91.0 million
  - Net income: Net loss: $35.0 million
  - EPS: $0.79 per share
  - Result: reported results
  source text: or the “Company”), an integrated solar energy company, reported financial results for the fiscal year ended December 31, 2025. Fiscal Year 2025 Financial Highlights · Revenue: $91.0 million, up 296% from $23.0 million in 2024. · Gross profit: $4.2 million, up 83% from $2.3 million in 2024. · Total operating expense: $10.5 million, a $24.9 million reduction from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/0001640334-26-000665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.