Quick Answer
SolarMax Technology, Inc. reported Total Revenue of $22.99 million for fiscal year 2024.
SolarMax Technology, Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Total Revenue | $22.99M -57.5% |
$54.14M +21.1% |
$44.72M | — |
| Net Income | -$34.96M -8141.3% |
$434.8K +106.3% |
-$6.87M | — |
| Diluted EPS | -$0.79 -8000.0% |
$0.01 +105.9% |
-$0.17 | — |
| Total Assets | $38.63M -20.6% |
$48.66M -20.9% |
$61.48M | — |
| Cash and Equivalents | $786.3K -69.0% |
$2.54M -33.6% |
$3.82M -61.3% |
$9.89M |
| Stockholders Equity | -$15.08M +5.1% |
-$15.89M +2.0% |
-$16.21M -91.9% |
-$8.45M |
| Operating Income | -$33.10M -6941.7% |
$483.9K +106.1% |
-$7.97M | — |
| Gross Profit | $2.31M -79.2% |
$11.15M +49.0% |
$7.48M | — |
| Shares Outstanding | 45.27M +13.9% |
39.74M +0.0% |
39.74M | — |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $30.60M | +383.3% | +344.6% |
| Net Income | September 30, 2025 | -$2.26M | +76.5% | -18.9% |
| Diluted EPS | September 30, 2025 | -$0.04 | +81.0% | +0.0% |
| Total Assets | September 30, 2025 | $58.66M | +36.3% | +53.4% |
| Cash and Equivalents | September 30, 2025 | $5.72M | +556.4% | +198.6% |
| Stockholders Equity | September 30, 2025 | -$11.78M | -7.7% | +22.0% |
| Operating Income | September 30, 2025 | -$2.11M | +79.0% | -19.2% |
| Gross Profit | September 30, 2025 | $956.2K | -23.9% | +58.2% |
| Shares Outstanding | September 30, 2025 | 54.30M | +19.9% | +11.8% |
- SolarMax Technology, Inc. reported Total Revenue of $22.99 million for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -57.5% in Total Revenue compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Net Income of -$34.96 million for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -8141.3% in Net Income compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Diluted EPS of $0.79 per share (loss) for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -8000.0% in Diluted EPS compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Total Assets of $38.63 million for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -20.6% in Total Assets compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Cash and Equivalents of $786.3 thousand for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -69.0% in Cash and Equivalents compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Stockholders Equity of -$15.08 million for fiscal year 2024.
- SolarMax Technology, Inc. showed an increase of +5.1% in Stockholders Equity compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Operating Income of -$33.10 million for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -6941.7% in Operating Income compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Gross Profit of $2.31 million for fiscal year 2024.
- SolarMax Technology, Inc. showed a decrease of -79.2% in Gross Profit compared to the prior fiscal year.
- SolarMax Technology, Inc. reported Shares Outstanding of 45.27 million shares for fiscal year 2024.
- SolarMax Technology, Inc. showed an increase of +13.9% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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