SolarMax Technology revenue rises to $30.6 million with net loss narrowing to $2.3 million in Q3 2025
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SolarMax Technology Inc. reported a 383% increase in revenue to $30.6 million for Q3 2025, compared to $6.3 million in Q3 2024. Despite a 24% decrease in gross profit to $1.0 million, the net loss narrowed to $2.3 million from $9.6 million. Operating expenses decreased significantly to $3.1 million. The company also recognized its first revenues from the Texas battery storage project.
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