Solarmax Technology Inc.
NNASDAQ:SMXTCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- David Hsu
- Full Time Employees
- 72
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 3080 12th Street Riverside CA United States 92507
- IPO Date
- Feb 27, 2024
- CIK
- 0001519472
- Website
- solarmaxtech.com
- Similar Companies
- Business
- SolarMax Technology, Inc. (Nasdaq: SMXT) operates as an integrated solar and renewable energy company focused on the development, sale, installation, and maintenance of solar energy systems; it provides photovoltaic (PV) solar panels including brands such as LG, Qcells, and Panasonic, battery backup systems from Tesla, Enphase, and LG, and LED lighting solutions for exterior and interior retrofitting in commercial and governmental applications; the company also offers engineering, procurement, and construction (EPC) services for solar farms and battery storage projects, secured financing for system purchases, and identifies solar farm projects for resale to third parties. SolarMax serves residential, commercial, and government customers primarily in the United States with operations concentrated in California and recent expansion into Texas, while maintaining activities in China for solar farm operations and maintenance; founded in 2008 and headquartered in Riverside, California, it conducts business through subsidiaries across segments in the United States and China. In 2025, SolarMax secured a $127.3 million EPC contract with Longfellow BESS I LLC for a 430 MWh utility-scale battery energy storage system in Pecos County, Texas, set for completion by June 2026, marking a strategic diversification into large-scale commercial projects; the company reported Q3 2025 revenue of $30.6 million, up 383% from the prior year, alongside Q2 2025 revenue growth of 53% to $6.9 million; it signed a memorandum of understanding in December 2024 for cryptocurrency mining solar projects and expanded with new commercial solar initiatives in California.
Company News
SolarMax (NASDAQ: SMXT) revenue jumps 49% as China legal judgment widens loss
SolarMax Q2 Loss Widens Y/Y on Legal Costs Despite 49% Revenue Growth
Head to Head Analysis: Solarmax Technology (NASDAQ:SMXT) versus MasTec (NYSE:MTZ)
Comparing Regal Rexnord (NYSE:RRX) & Solarmax Technology (NASDAQ:SMXT)
2 Solar Stocks for Your Watchlist
Zacks Initiates Coverage of SolarMax With Neutral Recommendation
Analyzing Solarmax Technology (NASDAQ:SMXT) and Maxeon Solar Technologies (NASDAQ:MAXN)
Solarmax Technology (NASDAQ:SMXT) vs. SunHydrogen (OTCMKTS:HYSR) Head-To-Head Survey
SolarMax Technology Reports Second Quarter 2025 Financial Results
SolarMax Technology Reports First Quarter 2025 Financial Results
SolarMax Technology Reports 2024 Financial Results
Green Stock News for December 12, 2024: $DEVS $CSIQ $EXROF $SMXT
SolarMax Technology Signs MOU for Cryptocurrency Solar Projects in the U.S.
SolarMax Technology Reports Third Quarter 2024 Financial Results
OKYO Pharma and SolarMax Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV
SolarMax Technology Expands US Footprint with New Commercial Solar Project in California
SolarMax Technology Reports Second Quarter 2024 Financial Results
SolarMax Technology, Inc. Announces Proposed Milestone Project in the U.S., Establishing Its Leadership Position
SolarMax Technology: Struggling Due To NEM 3.0 And Cash Is Running Low
SolarMax Technology, Inc. Reports First Quarter 2024 Financial Results