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SolarMax Technology Reports Q3 2025 Results: Revenue Up 383%, Net Loss Improves by $7.3 Million
ByAinvest
Monday, Nov 17, 2025 7:02 am ET1min read
SolarMax Technology reported Q3 2025 financial results, with revenue of $30.6 million, up 383% YoY, and a net loss of $2.3 million, a $7.3 million improvement from Q3 2024. The company recognized its first revenues from a Texas battery storage project and expects gross profit to catch up with revenue as project milestones are completed. SolarMax's diversified end markets and ramp of industrial projects position the company for sustained growth and long-term shareholder value.
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