SolarMax Technology (SMXT) Accounts Payables (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Accounts Payables came in at $61.0 million in Q1 2026, up 1444.9% year-over-year from $3.9 million in Q1 2025, and up 2.35% quarter-over-quarter from $59.6 million in Q4 2025.
Analysis
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.
- On a quarterly basis, Accounts Payables rose 1444.9% year-over-year to $61.0 million in Q1 2026; TTM through Mar 2026 was $61.0 million, a 1444.9% increase from a year earlier, with the FY2025 full-year figure at $59.6 million, up 2134.51% from the prior year.
- Accounts Payables was $61.0 million for Q1 2026 at SolarMax Technology, up from $59.6 million in the prior quarter.
- Over five years, Accounts Payables peaked at $61.0 million in Q1 2026 and troughed at $2.7 million in Q4 2024.
- A 5-year average of $21.2 million and a median of $13.5 million in 2024 frame the typical range for Accounts Payables.
- Across the five-year window, Accounts Payables sank 83.83% in 2024 and surged 2134.51% in 2025, its largest moves.
- Over 5 years, Accounts Payables stood at $19.9 million in 2022, then decreased by 17.13% to $16.5 million in 2023, then slumped by 83.83% to $2.7 million in 2024, then surged by 2134.51% to $59.6 million in 2025, then grew by 2.35% to $61.0 million in 2026.
- The last three Accounts Payables figures came in at $61.0 million (Q1 2026), $59.6 million (Q4 2025), and $26.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | 321.42 Mn |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | 28.32 Mn |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | 4.60 Mn |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | 60.97 Mn |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | 15.80 Mn |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 4.72 Mn |
Historic Data
Download Data
Historic 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 | 3.95 Mn |
| Dec 31, 2024 | 2.67 Mn |
| Sep 30, 2024 | 13.50 Mn |
| Jun 30, 2024 | 13.33 Mn |
| Mar 31, 2024 | 12.95 Mn |
| Dec 31, 2023 | 16.48 Mn |
| Dec 31, 2022 | 19.89 Mn |