SolarMax Technology (SMXT) Cash & Current Investments (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Cash & Current Investments of $4.6 million for Q1 2026, down 32.96% year-over-year from $6.8 million in Q1 2025, and down 44.37% quarter-over-quarter from $8.2 million in Q4 2025.
SolarMax Technology (SMXT) Cash & Current Investments (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Cash & Current Investments for 5 consecutive years, with $4.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cash & Current Investments fell 32.96% year-over-year to $4.6 million; the TTM figure through Mar 2026 stood at $4.6 million (down 32.96% YoY), while the FY2025 annual figure was $8.2 million, up 15.76% from the prior year.
- Cash & Current Investments slipped to $4.6 million in Q1 2026 per SMXT's latest filing, from $8.2 million in the prior quarter.
- Across five years, Cash & Current Investments topped out at $9.0 million in Q2 2024 and bottomed at $2.2 million in Q2 2025.
- Historically, Cash & Current Investments has averaged $5.6 million across 5 years, with a median of $5.7 million in 2024.
- Annual changes were most pronounced in 2024 — Cash & Current Investments soared 211.01% — and 2025, when it sank 75.75%.
- SolarMax Technology's Cash & Current Investments stood at $3.8 million in 2022, then sank by 33.56% to $2.5 million in 2023, then surged by 180.54% to $7.1 million in 2024, then increased by 15.76% to $8.2 million in 2025, then tumbled by 44.37% to $4.6 million in 2026.
- Business Quant data shows SMXT's Cash & Current Investments at $4.6 million in Q1 2026, $8.2 million in Q4 2025, and $5.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.73 Bn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 1.21 Bn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 937.71 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 581.92 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 15.72 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.59 Bn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 3.31 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 307.30 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn | 4.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.59 Mn |
| Dec 31, 2025 | 8.25 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 2.19 Mn |
| Mar 31, 2025 | 6.84 Mn |
| Dec 31, 2024 | 7.12 Mn |
| Sep 30, 2024 | 8.58 Mn |
| Jun 30, 2024 | 9.05 Mn |
| Mar 31, 2024 | 5.62 Mn |
| Dec 31, 2023 | 2.54 Mn |
| Sep 30, 2023 | 3.84 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 7.97 Mn |
| Dec 31, 2022 | 3.82 Mn |