The strong YoY revenue growth signals execution on the energy storage EPC pipeline, but the lack of guidance and consensus limits the directional read. Monitor the next filing for project pipeline updates and margin sustainability.
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 narrowed to $0.3M ($0.01/share) from $1.3M ($0.03/share) a year ago. No guidance was provided, and consensus estimates were unavailable, making the beat/miss assessment inconclusive.
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 ($0.01/share), improved from $1.3M ($0.03/share) YoY
- Operating expenses $3.0M, up from $2.6M YoY
- No guidance provided in the release
Financial Impact
Revenue doubled YoY to $14.8M; net loss improved by $1.0M
Risk Factors
- No forward guidance provided, increasing uncertainty
- Operating expenses rising faster than gross profit may pressure margins
- Small market cap ($31M) amplifies volatility on any news
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3296687 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $4.84 $4.55 | ▲ +5.99% | ▲ +4.50% | $4.26 (+11.98%) |
Aug 11, 2026 11w ago | 8-K | $4.22 $3.83 | ▲ +9.33% | ▲ +8.92% | $4.26 (−0.85%) |
Jun 30, 2026 16w ago | 8-K | $0.3560 $0.3794 | ▼ −6.57% | ▼ −5.78% | $4.26 (−1096.63%) |
May 18, 2026 23w ago | 8-K | $0.5420 $0.5700 | ▲ +5.17% | ▲ +3.55% | $4.26 (+685.98%) |
May 18, 2026 23w ago | Press Release | $0.5420 $0.5700 | ▲ +5.17% | ▲ +3.55% | $4.26 (+685.98%) |
Apr 7, 2026 29w ago | 8-K | $0.6210 $0.6030 | ▼ −2.90% | ▼ −8.23% | $4.26 (+585.99%) |
Apr 7, 2026 29w ago | Press Release | $0.6210 $0.6030 | ▼ −2.90% | ▼ −8.23% | $4.26 (+585.99%) |
US Market Status
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