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Side-by-side financial comparison of REGIS CORP (RGS) and SolarMax Technology, Inc. (SMXT). Click either name above to swap in a different company.

REGIS CORP is the larger business by last-quarter revenue ($57.1M vs $46.6M, roughly 1.2× SolarMax Technology, Inc.). REGIS CORP runs the higher net margin — 0.8% vs -1.9%, a 2.7% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 22.3%).

Regis Corporation is an American operator of hair salons. As of August 2021, it has 5,563 franchised and 276 company-owned salons. Its headquarters are in Minneapolis, Minnesota.

SolarMax Technology, Inc. develops, manufactures and sells high-efficiency solar PV modules and clean energy systems. It serves residential, commercial and industrial clients in North America and key Asia-Pacific markets, offering installation and after-sales support to boost low-carbon energy use.

RGS vs SMXT — Head-to-Head

Bigger by revenue
RGS
RGS
1.2× larger
RGS
$57.1M
$46.6M
SMXT
Growing faster (revenue YoY)
SMXT
SMXT
+601.2% gap
SMXT
623.5%
22.3%
RGS
Higher net margin
RGS
RGS
2.7% more per $
RGS
0.8%
-1.9%
SMXT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
RGS
RGS
SMXT
SMXT
Revenue
$57.1M
$46.6M
Net Profit
$456.0K
$-872.2K
Gross Margin
2.7%
Operating Margin
10.8%
-2.7%
Net Margin
0.8%
-1.9%
Revenue YoY
22.3%
623.5%
Net Profit YoY
-94.0%
77.7%
EPS (diluted)
$0.16
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RGS
RGS
SMXT
SMXT
Q4 25
$57.1M
$46.6M
Q3 25
$59.0M
$30.6M
Q2 25
$60.4M
$6.9M
Q1 25
$57.0M
$6.9M
Q4 24
$46.7M
$6.4M
Q3 24
$46.1M
$6.3M
Q2 24
$49.4M
Q1 24
$49.2M
Net Profit
RGS
RGS
SMXT
SMXT
Q4 25
$456.0K
$-872.2K
Q3 25
$1.4M
$-2.3M
Q2 25
$116.5M
$-1.9M
Q1 25
$250.0K
$-1.3M
Q4 24
$7.6M
$-3.9M
Q3 24
$-853.0K
$-9.6M
Q2 24
$91.2M
Q1 24
$-2.3M
Gross Margin
RGS
RGS
SMXT
SMXT
Q4 25
2.7%
Q3 25
3.1%
Q2 25
8.8%
Q1 25
20.5%
Q4 24
14.5%
Q3 24
19.9%
Q2 24
Q1 24
Operating Margin
RGS
RGS
SMXT
SMXT
Q4 25
10.8%
-2.7%
Q3 25
10.0%
-6.9%
Q2 25
12.1%
-25.7%
Q1 25
8.8%
-16.7%
Q4 24
11.8%
-27.9%
Q3 24
4.6%
-158.4%
Q2 24
Q1 24
8.3%
Net Margin
RGS
RGS
SMXT
SMXT
Q4 25
0.8%
-1.9%
Q3 25
2.3%
-7.4%
Q2 25
192.9%
-27.6%
Q1 25
0.4%
-18.7%
Q4 24
16.4%
-60.6%
Q3 24
-1.9%
-152.0%
Q2 24
184.7%
Q1 24
-4.7%
EPS (diluted)
RGS
RGS
SMXT
SMXT
Q4 25
$0.16
$-0.02
Q3 25
$0.49
$-0.04
Q2 25
$43.67
$-0.04
Q1 25
$0.08
$-0.03
Q4 24
$2.71
$-0.07
Q3 24
$-0.36
$-0.21
Q2 24
$38.40
Q1 24
$-1.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RGS
RGS
SMXT
SMXT
Cash + ST InvestmentsLiquidity on hand
$18.4M
$8.0M
Total DebtLower is stronger
$113.3M
Stockholders' EquityBook value
$188.7M
$-12.2M
Total Assets
$588.3M
$91.3M
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RGS
RGS
SMXT
SMXT
Q4 25
$18.4M
$8.0M
Q3 25
$16.6M
$5.7M
Q2 25
$17.0M
$1.9M
Q1 25
$13.3M
$6.8M
Q4 24
$10.2M
$7.1M
Q3 24
$6.3M
$8.6M
Q2 24
$10.1M
Q1 24
$5.9M
Total Debt
RGS
RGS
SMXT
SMXT
Q4 25
$113.3M
Q3 25
$111.3M
Q2 25
$110.8M
Q1 25
$112.0M
Q4 24
$111.5M
Q3 24
$95.2M
Q2 24
$99.5M
Q1 24
$179.7M
Stockholders' Equity
RGS
RGS
SMXT
SMXT
Q4 25
$188.7M
$-12.2M
Q3 25
$187.6M
$-11.8M
Q2 25
$185.6M
$-15.1M
Q1 25
$68.6M
$-15.9M
Q4 24
$66.7M
$-15.1M
Q3 24
$56.4M
$-10.9M
Q2 24
$56.8M
Q1 24
$-35.8M
Total Assets
RGS
RGS
SMXT
SMXT
Q4 25
$588.3M
$91.3M
Q3 25
$592.1M
$58.7M
Q2 25
$599.0M
$38.2M
Q1 25
$511.2M
$38.6M
Q4 24
$530.1M
$38.6M
Q3 24
$508.9M
$43.0M
Q2 24
$530.5M
Q1 24
$543.7M
Debt / Equity
RGS
RGS
SMXT
SMXT
Q4 25
0.60×
Q3 25
0.59×
Q2 25
0.60×
Q1 25
1.63×
Q4 24
1.67×
Q3 24
1.69×
Q2 24
1.75×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RGS
RGS
SMXT
SMXT
Operating Cash FlowLast quarter
$1.7M
$-2.5M
Free Cash FlowOCF − Capex
$891.0K
FCF MarginFCF / Revenue
1.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
3.65×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RGS
RGS
SMXT
SMXT
Q4 25
$1.7M
$-2.5M
Q3 25
$2.3M
$3.4M
Q2 25
$6.8M
$220.7K
Q1 25
$6.2M
$-601.1K
Q4 24
$2.1M
$-1.3M
Q3 24
$-1.3M
$203.6K
Q2 24
$5.1M
Q1 24
$-277.0K
Free Cash Flow
RGS
RGS
SMXT
SMXT
Q4 25
$891.0K
Q3 25
$1.9M
Q2 25
$6.2M
Q1 25
$5.9M
Q4 24
$1.7M
Q3 24
$-1.4M
Q2 24
$5.1M
Q1 24
$-326.0K
FCF Margin
RGS
RGS
SMXT
SMXT
Q4 25
1.6%
Q3 25
3.2%
Q2 25
10.3%
Q1 25
10.3%
Q4 24
3.6%
Q3 24
-3.0%
Q2 24
10.3%
Q1 24
-0.7%
Capex Intensity
RGS
RGS
SMXT
SMXT
Q4 25
1.4%
Q3 25
0.7%
Q2 25
0.9%
Q1 25
0.6%
Q4 24
0.9%
Q3 24
0.0%
0.0%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
RGS
RGS
SMXT
SMXT
Q4 25
3.65×
Q3 25
1.68×
Q2 25
0.06×
Q1 25
24.80×
Q4 24
0.28×
Q3 24
Q2 24
0.06×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RGS
RGS

Franchise Segment$37.9M66%
Royalty$13.6M24%
Other$2.8M5%
Fees$1.8M3%
Franchise Fees$1.0M2%

SMXT
SMXT

Yabucoa$35.9M77%
Other$10.7M23%

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