SolarMax Technology (SMXT) Accounts Payables (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Accounts Payables came in at $61.0 million in Q1 2026, up 3964.55% year-on-year from $1.5 million in Q1 2025, and up 2.35% on a QoQ basis 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.
- On a quarterly basis, Accounts Payables rose 3964.55% year-over-year to $61.0 million in Q1 2026; TTM through Mar 2026 was $61.0 million, a 3964.55% increase from a year earlier, with the FY2025 full-year figure at $59.6 million, up 2134.51% from the prior year.
- Accounts Payables for Q1 2026 stood at $61.0 million, up from $59.6 million in the prior quarter.
- Over the last five years, Accounts Payables for SMXT reached as high as $61.0 million in Q1 2026 and fell as low as $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.
- Across the five-year window, Accounts Payables slumped 83.83% in 2024 and soared 4237.22% in 2025, its largest moves.
- Year by year, Accounts Payables stood at $2.2 million in 2022, then jumped by 638.58% to $16.5 million in 2023, then slumped by 83.83% to $2.7 million in 2024, then soared by 2134.51% to $59.6 million in 2025, then advanced by 2.35% to $61.0 million in 2026.
- Per Business Quant data, the three most recent Accounts Payables figures were $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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 113.46 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.05 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 878.83 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 142.17 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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 |