SolarMax Tech | 8-K: FY2025 Revenue: USD 91 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025, the actual value is USD 91 M.
EPS: As of FY2025, the actual value is USD -0.13.
Fiscal Year 2025 Financial Highlights
SolarMax Technology, Inc. reported a gross profit of $4.2 million in fiscal year 2025, an 83% increase from $2.3 million in 2024. Total operating expense was $10.5 million, marking a $24.9 million reduction compared to $35.4 million in 2024. The company experienced a net loss of - $6.3 million, representing a $28.6 million improvement from a net loss of - $35.0 million in 2024.
Segment Revenue
Revenue from engineering, procurement and construction (“EPC”) services amounted to $60.2 million, contributing 66% of the total revenue during the fiscal year ended December 31, 2025.
Unique Metrics
SolarMax Technology, Inc. has three previously announced Battery Energy Storage System (“BESS”) contracts for large-scale projects in Texas and Puerto Rico, which represent more than $500 million in expected revenue based on the terms of the contracts.
Outlook
SolarMax Technology, Inc. remains confident in its ability to scale its platform and capitalize on the accelerating demand for energy storage infrastructure. The company aims to generate growth through strategic initiatives focused on scaling commercial solar development services, providing EPC services for industrial projects and LED lighting solutions in the US, and expanding its residential solar operations.
