SolarMax Q1 revenue $14.8M (+114% YoY); net loss narrows to $0.3M

SolarMax Technology, Inc.

2026-Q1 EPS reported -$0.01 revenue$14,830,617

Revenue of $14.8M, up 114% from $6.9M in Q1 2025.
Gross profit $3.0M, up 115% from $1.4M in prior-year quarter.
Net loss narrowed to $0.3M ($0.01 loss per share) from $1.3M ($0.03 loss) YoY.
Total operating expense increased to $3.0M from $2.6M.
CEO credits EPC services on first large-scale energy storage project for momentum.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SolarMax Technology, Inc. reported three months ended March 31, 2026 results: revenue Revenue: $14.8 million, net income Net loss: $0.3 million, EPS $0.01 per share.

Period: three months ended March 31, 2026
Revenue: Revenue: $14.8 million
Net income: Net loss: $0.3 million
EPS: $0.01 per share
Result: reported results

Exact text from the filing

· Revenue: $14.8 million, up 114% from $6.9 million in the first quarter of 2025. · Gross profit: $3.0 million, up 115% from $1.4 million in the first quarter of 2025. · Total operating expense: $3.0 million, a $0.4 million increase from $2.6 million in the first quarter of 2025. · Net loss: $0.3 million, or $0.01 per share, a $1.0 million improvement from a net loss of $1.3 million, or $0.03 per share in the first quarter of 2025.

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Source: SEC EDGAR

accession 0001640334-26-000920

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