SolarMax Technology (SMXT) Accounts Payables (2022 - 2026)
SolarMax Technology (SMXT) reported Accounts Payables of $61.0 million for Q1 2026, up 3964.55% year-over-year from $1.5 million in Q1 2025, and up 2.35% quarter-over-quarter from $59.6 million in Q4 2025.
SolarMax Technology (SMXT) Accounts Payables (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Accounts Payables data on file, last reported at $61.0 million in Q1 2026.
- Accounts Payables for Q1 2026 came in at $61.0 million, up 3964.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $61.0 million (up 3964.55% YoY), and the FY2025 annual result was $59.6 million, up 377.5% from the prior year.
- Accounts Payables climbed to $61.0 million in Q1 2026 per SMXT's latest filing, from $59.6 million in the prior quarter.
- Over five years, Accounts Payables peaked at $61.0 million in Q1 2026 and troughed at $250492.0 in Q3 2024.
- A 5-year average of $20.3 million and a median of $13.3 million in 2024 frame the typical range for Accounts Payables.
- On a YoY basis, Accounts Payables climbed as much as 10306.21% in 2025 and fell as far as 88.41% in 2025.
- A 5-year view of Accounts Payables shows it stood at $19.9 million in 2022, then plunged by 82.98% to $3.4 million in 2023, then surged by 268.61% to $12.5 million in 2024, then soared by 377.5% to $59.6 million in 2025, then increased by 2.35% to $61.0 million in 2026.
- Business Quant data shows SMXT's Accounts Payables at $61.0 million in Q1 2026, $59.6 million in Q4 2025, and $26.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 113.46 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 404.51 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 343.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 80.43 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 142.17 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.05 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.09 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 60.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.97 Mn |
| Dec 31, 2025 | 59.57 Mn |
| Sep 30, 2025 | 26.07 Mn |
| Jun 30, 2025 | 13.35 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 12.47 Mn |
| Sep 30, 2024 | 250,492.00 |
| Jun 30, 2024 | 13.33 Mn |
| Mar 31, 2024 | 12.95 Mn |
| Dec 31, 2023 | 3.38 Mn |
| Dec 31, 2022 | 19.89 Mn |