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| Date | Value |
|---|---|
| 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 |