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

SECURITY NATIONAL FINANCIAL CORP is the larger business by last-quarter revenue ($83.0M vs $46.6M, roughly 1.8× SolarMax Technology, Inc.). SECURITY NATIONAL FINANCIAL CORP runs the higher net margin — 16.3% vs -1.9%, a 18.1% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 4.7%).

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.

CNO Financial Group, Inc., formerly Conseco, Inc., is an American financial services holding company based in Carmel, Indiana. Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.

SMXT vs SNFCA — Head-to-Head

Bigger by revenue
SNFCA
SNFCA
1.8× larger
SNFCA
$83.0M
$46.6M
SMXT
Growing faster (revenue YoY)
SMXT
SMXT
+618.8% gap
SMXT
623.5%
4.7%
SNFCA
Higher net margin
SNFCA
SNFCA
18.1% more per $
SNFCA
16.3%
-1.9%
SMXT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SMXT
SMXT
SNFCA
SNFCA
Revenue
$46.6M
$83.0M
Net Profit
$-872.2K
$13.5M
Gross Margin
2.7%
98.6%
Operating Margin
-2.7%
20.9%
Net Margin
-1.9%
16.3%
Revenue YoY
623.5%
4.7%
Net Profit YoY
77.7%
430.9%
EPS (diluted)
$-0.02
$0.52

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
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$46.6M
$83.0M
Q3 25
$30.6M
$89.3M
Q2 25
$6.9M
$89.5M
Q1 25
$6.9M
$82.7M
Q4 24
$6.4M
$79.3M
Q3 24
$6.3M
$88.3M
Q2 24
$85.8M
Q1 24
$81.2M
Net Profit
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$-872.2K
$13.5M
Q3 25
$-2.3M
$7.8M
Q2 25
$-1.9M
$6.5M
Q1 25
$-1.3M
$4.3M
Q4 24
$-3.9M
$2.5M
Q3 24
$-9.6M
$11.8M
Q2 24
$7.3M
Q1 24
$7.5M
Gross Margin
SMXT
SMXT
SNFCA
SNFCA
Q4 25
2.7%
98.6%
Q3 25
3.1%
98.8%
Q2 25
8.8%
98.7%
Q1 25
20.5%
98.5%
Q4 24
14.5%
98.5%
Q3 24
19.9%
98.7%
Q2 24
98.6%
Q1 24
98.4%
Operating Margin
SMXT
SMXT
SNFCA
SNFCA
Q4 25
-2.7%
20.9%
Q3 25
-6.9%
11.4%
Q2 25
-25.7%
9.3%
Q1 25
-16.7%
6.7%
Q4 24
-27.9%
4.0%
Q3 24
-158.4%
17.2%
Q2 24
10.9%
Q1 24
11.8%
Net Margin
SMXT
SMXT
SNFCA
SNFCA
Q4 25
-1.9%
16.3%
Q3 25
-7.4%
8.7%
Q2 25
-27.6%
7.3%
Q1 25
-18.7%
5.2%
Q4 24
-60.6%
3.2%
Q3 24
-152.0%
13.4%
Q2 24
8.5%
Q1 24
9.2%
EPS (diluted)
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$-0.02
$0.52
Q3 25
$-0.04
$0.31
Q2 25
$-0.04
$0.25
Q1 25
$-0.03
$0.18
Q4 24
$-0.07
$0.09
Q3 24
$-0.21
$0.47
Q2 24
$0.29
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
SMXT
SMXT
SNFCA
SNFCA
Cash + ST InvestmentsLiquidity on hand
$8.0M
$102.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-12.2M
$410.4M
Total Assets
$91.3M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$8.0M
$102.3M
Q3 25
$5.7M
$100.4M
Q2 25
$1.9M
$79.3M
Q1 25
$6.8M
$132.9M
Q4 24
$7.1M
$140.5M
Q3 24
$8.6M
$170.7M
Q2 24
$143.6M
Q1 24
$150.9M
Stockholders' Equity
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$-12.2M
$410.4M
Q3 25
$-11.8M
$365.4M
Q2 25
$-15.1M
$354.8M
Q1 25
$-15.9M
$346.5M
Q4 24
$-15.1M
$381.9M
Q3 24
$-10.9M
$346.3M
Q2 24
$325.8M
Q1 24
$320.1M
Total Assets
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$91.3M
$1.6B
Q3 25
$58.7M
$1.6B
Q2 25
$38.2M
$1.5B
Q1 25
$38.6M
$1.5B
Q4 24
$38.6M
$1.5B
Q3 24
$43.0M
$1.5B
Q2 24
$1.5B
Q1 24
$1.4B

Cash Flow & Capital Efficiency

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

Metric
SMXT
SMXT
SNFCA
SNFCA
Operating Cash FlowLast quarter
$-2.5M
$45.5M
Free Cash FlowOCF − Capex
$43.8M
FCF MarginFCF / Revenue
52.8%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.38×
TTM Free Cash FlowTrailing 4 quarters
$69.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$-2.5M
$45.5M
Q3 25
$3.4M
$25.6M
Q2 25
$220.7K
$-7.7M
Q1 25
$-601.1K
$9.6M
Q4 24
$-1.3M
$57.3M
Q3 24
$203.6K
$26.8M
Q2 24
$-17.0M
Q1 24
$25.1M
Free Cash Flow
SMXT
SMXT
SNFCA
SNFCA
Q4 25
$43.8M
Q3 25
$24.9M
Q2 25
$-8.1M
Q1 25
$9.1M
Q4 24
$54.8M
Q3 24
$26.6M
Q2 24
$-17.1M
Q1 24
$24.8M
FCF Margin
SMXT
SMXT
SNFCA
SNFCA
Q4 25
52.8%
Q3 25
27.9%
Q2 25
-9.1%
Q1 25
11.1%
Q4 24
69.2%
Q3 24
30.2%
Q2 24
-20.0%
Q1 24
30.6%
Capex Intensity
SMXT
SMXT
SNFCA
SNFCA
Q4 25
2.0%
Q3 25
0.8%
Q2 25
0.5%
Q1 25
0.5%
Q4 24
3.1%
Q3 24
0.0%
0.2%
Q2 24
0.2%
Q1 24
0.3%
Cash Conversion
SMXT
SMXT
SNFCA
SNFCA
Q4 25
3.38×
Q3 25
3.28×
Q2 25
-1.18×
Q1 25
2.21×
Q4 24
22.55×
Q3 24
2.26×
Q2 24
-2.33×
Q1 24
3.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SMXT
SMXT

Yabucoa$35.9M77%
Other$10.7M23%

SNFCA
SNFCA

Life Insurance$29.9M36%
Mortgage$24.8M30%
Other$21.3M26%
Timing Of Revenue Recognition Goods Transferred At A Point In Time$4.6M6%
Timing Of Revenue Recognition Services Transferred At A Point In Time$2.4M3%

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