Growth Metrics

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

SolarMax Technology (SMXT) reported Asset Writedowns and Impairment of -$71996.0 for Q1 2026, down 716.25% year-over-year from $11683.0 in Q1 2025, and down 712.16% on a QoQ basis from $11761.0 in Q4 2025.

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

  • Quarterly Asset Writedowns and Impairment fell 716.25% year-over-year to -$71996.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$131442.0 (down 214.4% YoY) and the FY2025 annual result came in at -$47763.0, down 129.09% from the prior year.
  • Asset Writedowns and Impairment declined to -$71996.0 in Q1 2026 per SMXT's latest filing, from $11761.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $142049.0 in Q1 2023 and bottomed at -$86765.0 in Q3 2023.
  • The 4-year median for Asset Writedowns and Impairment is $11429.0 (2024), against an average of $7783.8.
  • The widest annual swing landed in 2024, when Asset Writedowns and Impairment soared 1128.26%; it then sank 716.25% in 2026.
  • Tracing SMXT's Asset Writedowns and Impairment over 4 years: stood at -$13756.0 in 2023, then soared by 1128.26% to $141448.0 in 2024, then sank by 91.69% to $11761.0 in 2025, then sank by 712.16% to -$71996.0 in 2026.
  • Per Business Quant, the three latest SMXT Asset Writedowns and Impairment figures stand at -$71996.0 (Q1 2026), $11761.0 (Q4 2025), and -$21007.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 SolarMax Technology 30.01 Mn 25.71 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 141,448.00
Dec 31, 2024 141,448.00
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
Sep 30, 2023 -86,765.00
Sep 30, 2023 -86,765.00
Jun 30, 2023 15,223.00
Jun 30, 2023 15,223.00
Mar 31, 2023 142,049.00
Mar 31, 2023 142,049.00