SolarMax net loss widens to $4.7 million in second quarter 2026; revenue rises 49% to $10.2 million

• SolarMax posted Q2 2026 revenue of $10.2 million, up 49% from a year earlier.
• Gross profit more than tripled to $2.4 million.
• Net loss widened to $4.7 million, or $0.98 per share.
• Operating expense rose to $6.9 million, including a one-time $4.3 million legal judgment tied to its China segment.
• CEO David Hsu cited focus on EPC projects, tighter cost management, and pursuing large-scale energy storage opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SolarMax Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610081652PRIMZONEFULLFEED9842536) on October 08, 2026, and is solely responsible for the information contained therein.