SolarMax Technology reported second quarter 2026 financial results showing revenue increased 49% to $10.2 million from $6.9 million in the prior-year period, while gross profit rose 299% to $2.4 million. Total operating expenses reached $6.9 million due to a one-time $4.3 million legal judgment related to its China segment, resulting in a net loss of $4.7 million or $0.98 per share compared to a $1.9 million loss previously. The company operates in the solar and renewable energy sector.
