SolarMax Technology (SMXT) Accounts Payables (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Accounts Payables for 5 consecutive years, with $61.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accounts Payables rose 3964.55% year-over-year to $61.0 million; the TTM figure through Mar 2026 stood at $61.0 million (up 3964.55% YoY), while the FY2025 annual figure was $59.6 million, up 2134.51% from the prior year.
- Accounts Payables grew to $61.0 million in Q1 2026 per SMXT's latest filing, from $59.6 million in the prior quarter.
- Across five years, Accounts Payables topped out at $61.0 million in Q1 2026 and bottomed at $601000.0 in Q3 2024.
- Historically, Accounts Payables has averaged $16.2 million across 5 years, with a median of $2.7 million in 2024.
- Annual changes were most pronounced in 2024 — Accounts Payables plunged 83.83% — and 2025, when it surged 4237.22%.
- SolarMax Technology's Accounts Payables stood at $2.2 million in 2022, then surged by 638.58% to $16.5 million in 2023, then slumped by 83.83% to $2.7 million in 2024, then jumped by 2134.51% to $59.6 million in 2025, then rose 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.09 Bn | 21.36 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 13.08 Bn | 11.87 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Sunrun | 2.20 Bn | 2.20 Bn | 527.54 Mn | 321.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 460.14 Mn |
| 6 | Shoals Technologies | 1.22 Bn | 1.20 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 979.54 Mn | -608.75 Mn | 124.40 Mn | 878.83 Mn |
| 8 | JinkoSolar Holding | 836.88 Mn | -2.47 Bn | 147.66 Mn | 2.05 Bn |
| 9 | Array Technologies | 725.48 Mn | 418.18 Mn | 99.60 Mn | 161.09 Mn |
| 10 | SolarMax Technology | 16.23 Mn | 11.64 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 | 3.91 Mn |
| Mar 31, 2025 | 1.50 Mn |
| Dec 31, 2024 | 2.67 Mn |
| Sep 30, 2024 | 601,000.00 |
| Jun 30, 2024 | 2.11 Mn |
| Mar 31, 2024 | 2.04 Mn |
| Dec 31, 2023 | 16.48 Mn |
| Dec 31, 2022 | 2.23 Mn |