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Legence vs SolarMax Technology: revenue, profit, margins and growth compared

Legence brought in $2.6B of revenue in fiscal 2025, SolarMax Technology $91M in fiscal 2025. Revenue changed by +21.5% at Legence and +295.8% at SolarMax Technology on the year before, so SolarMax Technology grew faster. Legence kept -2.3% of its revenue as net profit, SolarMax Technology -7.0%.

Side by side, latest fiscal year

LGNSMXT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$91M
Revenue growth+21.5%+295.8%
Net income-$59.8M-$6.3M
Net margin-2.3%-7.0%
Free cash flow$218.9Mn/a
Free cash flow margin8.6%n/a
Earnings per share (diluted)n/a-$0.13
Cash$230.2M$8M
Debt$829.1Mn/a
Price to earningsn/an/a
Market value$5.7B$11M
Dividend yieldn/an/a
Rank by revenue in sector#319 of 955 · Consumer discretionary#722 of 955 · Consumer discretionary

Over the years

Revenue
LGN FY2023: $1.6BLGN FY2025: $2.1BLGN FY2025: $2.6BSMXT FY2023: $44.7MSMXT FY2023: $54.1MSMXT FY2024: $23MSMXT FY2025: $91MFY23FY24FY25
LGN $2.6BSMXT $91M
Net income
LGN FY2023: -$46MLGN FY2025: -$28.6MLGN FY2025: -$59.8MSMXT FY2023: -$6.9MSMXT FY2023: $434.8KSMXT FY2024: -$35MSMXT FY2025: -$6.3MFY23FY24FY25
LGN -$59.8MSMXT -$6.3M
Net margin
LGN FY2023: -2.8%LGN FY2025: -1.4%LGN FY2025: -2.3%SMXT FY2023: -15.4%SMXT FY2023: 0.8%SMXT FY2024: -152.1%SMXT FY2025: -7.0%FY23FY24FY25
LGN -2.3%SMXT -7.0%
Revenue growth
LGN FY2025: +29.9%LGN FY2025: +21.5%SMXT FY2023: +21.1%SMXT FY2024: -57.5%SMXT FY2025: +295.8%FY23FY24FY25
LGN +21.5%SMXT +295.8%
Free cash flow
LGN FY2023: $16.8MLGN FY2025: $10.3MLGN FY2025: $218.9MSMXT FY2023: -$2.1MSMXT FY2023: $4.1MSMXT FY2024: -$9.1MFY23FY24FY25
LGN $218.9MSMXT -$9.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Legence and SolarMax Technology

Which is bigger by revenue, Legence or SolarMax Technology?

Legence is bigger by revenue: $2.6B in fiscal 2025, against $91M for SolarMax Technology in fiscal 2025.

Which keeps more of its revenue as profit, Legence or SolarMax Technology?

Legence had a net margin of -2.3% in fiscal 2025; SolarMax Technology had -7.0% in fiscal 2025.

Which grew revenue faster, Legence or SolarMax Technology?

In their latest fiscal years revenue changed by +21.5% at Legence and +295.8% at SolarMax Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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