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Solarmax Technology, Inc. income statement

In fiscal 2025, Solarmax Technology, Inc. reported revenue of $91.0m, up 295.8% on the year before, operating income of −$6.3m (a -6.9% margin) and net income of −$6.3m, or −$0.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue45542391102
Cost of revenue3743218795
Gross profit711248
Selling and marketing11100
General and administrative1410271011
Operating income−80−33−6−8
Interest expense——211
Provision for credit losses——11—
Income before tax−70−33−7−9
Income tax0−02−1−1
Net income−70−35−6−8
Diluted EPS−$0.17$0.01−$0.79−$0.13—
Diluted shares (average)40m40m44m50m—
EBITDA−81−33−6−8

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Solarmax Technology, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Solarmax Technology, Inc.