SolarMax Technology, Inc. (SMXT) Form 8-K — Oct 9, 2026
SolarMax Technology (Nasdaq SMXT) reported Q2 2026 revenue of $10.2 million, up 49% from $6.9 million a year earlier, with gross profit surging 299% to $2.4 million. The company posted a net loss of $4.7 million, or $0.98 per share, versus a $1.9 million loss ($0.50 per share) in Q2 2025, driven largely by a one-time $4.3 million legal judgment expense in its China segment.
Key figures
- Revenue
- 10200000
- Revenue Yoy
- 49%
- Gross Profit
- 2400000
- Prior year revenue
- 6900000
- Prior year gross profit
- 605000
- Total operating expense
- 6900000
- One time legal judgment expense
- 4300000
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