SolarMax Technology (SMXT) Asset Writedowns and Impairment (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Asset Writedowns and Impairment came in at -$71996.0 in Q1 2026, down 716.25% year-on-year from $11683.0 in Q1 2025, and down 712.16% on a QoQ basis from $11761.0 in Q4 2025.

SolarMax Technology (SMXT) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$71996.0 in Q1 2026.

  • On a quarterly basis, Asset Writedowns and Impairment fell 716.25% year-over-year to -$71996.0 in Q1 2026; TTM through Mar 2026 was -$131442.0, a 101.76% decrease from a year earlier, with the FY2025 full-year figure at -$47763.0, down 100.64% from the prior year.
  • Asset Writedowns and Impairment for Q1 2026 stood at -$71996.0, down from $11761.0 in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for SMXT reached as high as $7.5 million in Q4 2024 and fell as low as -$86765.0 in Q3 2023.
  • Historically, Asset Writedowns and Impairment has averaged $572076.3 across 4 years, with a median of $11429.0 in 2024.
  • Across the five-year window, Asset Writedowns and Impairment soared 54456.28% in 2024 and sank 716.25% in 2026, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at -$13756.0 in 2023, then surged by 54456.28% to $7.5 million in 2024, then sank by 99.84% to $11761.0 in 2025, then plunged by 712.16% to -$71996.0 in 2026.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$71996.0 in Q1 2026, $11761.0 in Q4 2025, and -$21007.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -71,996.00
Mar 31, 2026 -71,996.00
Dec 31, 2025 11,761.00
Dec 31, 2025 11,761.00
Sep 30, 2025 -21,007.00
Sep 30, 2025 -21,007.00
Jun 30, 2025 -50,200.00
Jun 30, 2025 -50,200.00
Mar 31, 2025 11,683.00
Mar 31, 2025 11,683.00
Dec 31, 2024 7.48 Mn
Dec 31, 2024 7.48 Mn
Sep 30, 2024 -49,665.00
Sep 30, 2024 -49,665.00
Jun 30, 2024 11,429.00
Jun 30, 2024 11,429.00
Mar 31, 2024 60,986.00
Mar 31, 2024 60,986.00
Dec 31, 2023 -13,756.00
Dec 31, 2023 -13,756.00