earnings
confidence high
sentiment neutral
materiality 0.60
SolarMax Q2 2026 revenue up 49% to $10.2M, gross profit up 299%; net loss widens to $4.7M on $4.3M China legal judgment
SolarMax Technology, Inc.
- Revenue $10.2M, up 49% YoY from $6.9M; gross profit $2.4M, up 299% from $605,000 in Q2 2025.
- Net loss $4.7M, or $0.98/share, vs net loss $1.9M or $0.50/share in Q2 2025; total operating expense $6.9M.
- Operating expense includes one-time $4.3M legal judgment relating to the China segment; prior-year opex was $2.4M.
- CEO David Hsu cites focus on EPC projects, cost management, and expansion into large-scale energy storage and industrial EPC services.