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Side-by-side financial comparison of SolarMax Technology, Inc. (SMXT) and SOUTH PLAINS FINANCIAL, INC. (SPFI). Click either name above to swap in a different company.

SOUTH PLAINS FINANCIAL, INC. is the larger business by last-quarter revenue ($54.1M vs $46.6M, roughly 1.2× SolarMax Technology, Inc.). SOUTH PLAINS FINANCIAL, INC. runs the higher net margin — 26.9% vs -1.9%, a 28.7% gap on every dollar of revenue.

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.

Ally Financial Inc. is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

SMXT vs SPFI — Head-to-Head

Bigger by revenue
SPFI
SPFI
1.2× larger
SPFI
$54.1M
$46.6M
SMXT
Higher net margin
SPFI
SPFI
28.7% more per $
SPFI
26.9%
-1.9%
SMXT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SMXT
SMXT
SPFI
SPFI
Revenue
$46.6M
$54.1M
Net Profit
$-872.2K
$14.5M
Gross Margin
2.7%
Operating Margin
-2.7%
Net Margin
-1.9%
26.9%
Revenue YoY
623.5%
Net Profit YoY
77.7%
18.3%
EPS (diluted)
$-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
SMXT
SMXT
SPFI
SPFI
Q1 26
$54.1M
Q4 25
$46.6M
$53.9M
Q3 25
$30.6M
$54.2M
Q2 25
$6.9M
$54.7M
Q1 25
$6.9M
$49.2M
Q4 24
$6.4M
$51.9M
Q3 24
$6.3M
$47.9M
Q2 24
$48.6M
Net Profit
SMXT
SMXT
SPFI
SPFI
Q1 26
$14.5M
Q4 25
$-872.2K
Q3 25
$-2.3M
$16.3M
Q2 25
$-1.9M
$14.6M
Q1 25
$-1.3M
$12.3M
Q4 24
$-3.9M
Q3 24
$-9.6M
$11.2M
Q2 24
$11.1M
Gross Margin
SMXT
SMXT
SPFI
SPFI
Q1 26
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
Operating Margin
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
-2.7%
35.4%
Q3 25
-6.9%
38.1%
Q2 25
-25.7%
34.1%
Q1 25
-16.7%
31.9%
Q4 24
-27.9%
39.9%
Q3 24
-158.4%
29.8%
Q2 24
29.3%
Net Margin
SMXT
SMXT
SPFI
SPFI
Q1 26
26.9%
Q4 25
-1.9%
Q3 25
-7.4%
30.1%
Q2 25
-27.6%
26.7%
Q1 25
-18.7%
25.0%
Q4 24
-60.6%
Q3 24
-152.0%
23.4%
Q2 24
22.9%
EPS (diluted)
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
$-0.02
$0.90
Q3 25
$-0.04
$0.96
Q2 25
$-0.04
$0.86
Q1 25
$-0.03
$0.72
Q4 24
$-0.07
$0.96
Q3 24
$-0.21
$0.66
Q2 24
$0.66

Balance Sheet & Financial Strength

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

Metric
SMXT
SMXT
SPFI
SPFI
Cash + ST InvestmentsLiquidity on hand
$8.0M
$722.0M
Total DebtLower is stronger
$3.0K
Stockholders' EquityBook value
$-12.2M
$504.9M
Total Assets
$91.3M
$4.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMXT
SMXT
SPFI
SPFI
Q1 26
$722.0M
Q4 25
$8.0M
$552.4M
Q3 25
$5.7M
$635.0M
Q2 25
$1.9M
$470.5M
Q1 25
$6.8M
$536.3M
Q4 24
$7.1M
$359.1M
Q3 24
$8.6M
$471.2M
Q2 24
$298.0M
Total Debt
SMXT
SMXT
SPFI
SPFI
Q1 26
$3.0K
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SMXT
SMXT
SPFI
SPFI
Q1 26
$504.9M
Q4 25
$-12.2M
$493.8M
Q3 25
$-11.8M
$477.8M
Q2 25
$-15.1M
$454.1M
Q1 25
$-15.9M
$443.7M
Q4 24
$-15.1M
$438.9M
Q3 24
$-10.9M
$443.1M
Q2 24
$418.0M
Total Assets
SMXT
SMXT
SPFI
SPFI
Q1 26
$4.6B
Q4 25
$91.3M
$4.5B
Q3 25
$58.7M
$4.5B
Q2 25
$38.2M
$4.4B
Q1 25
$38.6M
$4.4B
Q4 24
$38.6M
$4.2B
Q3 24
$43.0M
$4.3B
Q2 24
$4.2B
Debt / Equity
SMXT
SMXT
SPFI
SPFI
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
SPFI
SPFI
Operating Cash FlowLast quarter
$-2.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
$-2.5M
$77.5M
Q3 25
$3.4M
$24.2M
Q2 25
$220.7K
$14.7M
Q1 25
$-601.1K
$26.1M
Q4 24
$-1.3M
$59.4M
Q3 24
$203.6K
$17.9M
Q2 24
$18.2M
Free Cash Flow
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
$71.8M
Q3 25
$22.5M
Q2 25
$13.0M
Q1 25
$25.0M
Q4 24
$56.0M
Q3 24
$17.1M
Q2 24
$17.1M
FCF Margin
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
133.3%
Q3 25
41.5%
Q2 25
23.8%
Q1 25
50.8%
Q4 24
108.0%
Q3 24
35.7%
Q2 24
35.2%
Capex Intensity
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
10.5%
Q3 25
3.2%
Q2 25
3.2%
Q1 25
2.3%
Q4 24
6.5%
Q3 24
0.0%
1.6%
Q2 24
2.2%
Cash Conversion
SMXT
SMXT
SPFI
SPFI
Q1 26
Q4 25
Q3 25
1.48×
Q2 25
1.01×
Q1 25
2.12×
Q4 24
Q3 24
1.59×
Q2 24
1.63×

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%

SPFI
SPFI

Net Interest Income$42.9M79%
Noninterest Income$11.3M21%

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