The 114% revenue surge from the new energy storage EPC business is a material catalyst for a $31M market cap company. Monitor the next 10-Q for pipeline updates and margin sustainability — the storage project ramp is the key growth driver.
Price Chart
Executive Summary
SolarMax Technology reported Q1 2026 revenue of $14.8M, up 114% YoY from $6.9M, driven by EPC services on a large-scale energy storage project. Net loss improved to $0.3M ($0.01/share) from $1.3M ($0.03/share) in Q1 2025. No guidance or consensus estimates were provided, limiting the market-moving potential of this filing.
Key Financial Metrics
Key Facts
- Revenue $14.8M, up 114% YoY from $6.9M
- Gross profit $3.0M, up 115% YoY from $1.4M
- Net loss $0.3M, improved from $1.3M loss in prior year
- EPS -$0.01 vs -$0.03 YoY
- Operating expenses $3.0M, up from $2.6M YoY
- First large-scale energy storage EPC project driving growth
Financial Impact
Revenue doubled YoY to $14.8M, net loss narrowed by $1.0M
Risk Factors
- No guidance provided — sustainability of revenue growth uncertain
- Operating expenses rising $0.4M YoY could pressure margins
- Small market cap ($31M) amplifies volatility
- Dependence on large-scale project pipeline for continued growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001640334-26-000920 |
| Document: solarmax_ex991.htm | 0001640334-26-000920 |
| Document: 0001640334-26-000920-index-headers.html | 0001640334-26-000920 |
| Document: 0001640334-26-000920-index.html | 0001640334-26-000920 |
| Document: 0001640334-26-000920.txt | 0001640334-26-000920 |
| 8-K Data (Synthetic) | 0001640334-26-000920 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $4.84 $4.55 | ▲ +5.99% | ▲ +4.50% | $4.34 (+10.33%) |
Aug 11, 2026 11w ago | 8-K | $4.22 $3.83 | ▲ +9.33% | ▲ +8.92% | $4.34 (−2.75%) |
Jun 30, 2026 16w ago | 8-K | $0.3560 $0.3794 | ▼ −6.57% | ▼ −5.78% | $4.34 (−1119.10%) |
May 18, 2026 23w ago | 8-K | $0.5420 $0.5700 | ▲ +5.17% | ▲ +3.55% | $4.34 (+700.74%) |
May 18, 2026 23w ago | Press Release | $0.5420 $0.5700 | ▲ +5.17% | ▲ +3.55% | $4.34 (+700.74%) |
Apr 7, 2026 29w ago | 8-K | $0.6210 $0.6030 | ▼ −2.90% | ▼ −8.23% | $4.34 (+598.87%) |
Apr 7, 2026 29w ago | Press Release | $0.6210 $0.6030 | ▼ −2.90% | ▼ −8.23% | $4.34 (+598.87%) |
US Market Status
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