SolarMax Technology, Inc. (SMXT) Gross margin 2022–2025
SolarMax Technology, Inc. (SMXT) gross margin by fiscal year — reported gross profit divided by reported revenue.
4.6%FY2025 · since FY2022: 16.7% → 4.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.6% | -5.4 pp |
| FY2024 | 10.1% | -10.5 pp |
| FY2023 | 20.6% | +3.9 pp |
| FY2022 | 16.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice