SolarMax Reports Fiscal 2025 Results Showing Revenue Growth
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Riverside, Calif. — SolarMax Technology announced on April 7, 2026 that it recorded $91.0 million in revenue for fiscal 2025 and a net loss of $6.3 million, with a fourth-quarter loss of $872,000 and quarter revenue reported at $46.6 million, according to its GlobeNewswire release.
The company reported that $60.2 million, or 66% of 2025 revenue, came from EPC services and stated three battery energy storage system contracts for projects in Texas and Puerto Rico represent more than $500 million in expected revenue, with leadership saying they plan to scale the EPC platform this year.
More context
Timeline
- 1. 2024: SolarMax reported $23.0 million revenue and a net loss of roughly $35.0 million.
- 2. Q4 2025: The company reported a fourth-quarter loss of $872,000 and $46.6 million in revenue for the quarter.
- 3. FY2025: SolarMax reported $91.0 million in total revenue, gross profit $4.2 million, operating expense $10.5 million, net loss $6.3 million.
- 4. April 7, 2026: SolarMax issued a GlobeNewswire press release detailing FY2025 results and CEO statements about growth and strategy.
- 5. Company disclosed three BESS contracts expected to represent more than $500 million in expected revenue, citing them as strategic drivers.
Why it matters
SolarMax's growth could mean more jobs in the renewable energy sector. If you're considering a career switch, this might be a good time to look into solar energy. Check out job listings in your area.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
