Growth Metrics

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% on a QoQ basis from $59.6 million in Q4 2025.

SolarMax Technology (SMXT) has 5 years of Accounts Payables data on file, last reported at $61.0 million in Q1 2026.

  • Quarterly Accounts Payables rose 3964.55% year-over-year to $61.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.0 million (up 3964.55% YoY) and the FY2025 annual result came in at $59.6 million, up 377.5% from the prior year.
  • Accounts Payables improved 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 $250492.0 in Q3 2024.
  • The 5-year median for Accounts Payables is $13.3 million (2024), against an average of $20.3 million.
  • Peak annual rise in Accounts Payables reached 10306.21% in 2025, while the deepest fall reached 88.41% in 2025.
  • Tracing SMXT's Accounts Payables over 5 years: stood at $19.9 million in 2022, then slumped by 82.98% to $3.4 million in 2023, then soared by 268.61% to $12.5 million in 2024, then jumped by 377.5% to $59.6 million in 2025, then climbed by 2.35% to $61.0 million in 2026.
  • Per Business Quant, the three latest SMXT Accounts Payables figures stand at $61.0 million (Q1 2026), $59.6 million (Q4 2025), and $26.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 306.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 533.49 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 779.20 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 113.46 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 404.51 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 343.23 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 80.43 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 142.17 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.05 Bn
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn 60.97 Mn

Historic Data

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DateValue
Mar 31, 2026 60.97 Mn
Dec 31, 2025 59.57 Mn
Sep 30, 2025 13.28 Mn
Jun 30, 2025 3.91 Mn
Mar 31, 2025 3.95 Mn
Dec 31, 2024 12.47 Mn
Sep 30, 2024 250,492.00
Jun 30, 2024 13.33 Mn
Mar 31, 2024 2.04 Mn
Dec 31, 2023 3.38 Mn
Dec 31, 2022 2.23 Mn