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
DateValue
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