SolarMax Technology (SMXT) Cash & Equivalents (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Cash & Equivalents of $4.6 million for Q1 2026, up 669.46% year-over-year from $596251.0 in Q1 2025, and down 44.37% quarter-over-quarter from $8.2 million in Q4 2025.
SolarMax Technology (SMXT) Cash & Equivalents (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Cash & Equivalents for 5 consecutive years, with $4.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cash & Equivalents rose 669.46% year-over-year to $4.6 million; the TTM figure through Mar 2026 stood at $4.6 million (up 669.46% YoY), while the FY2025 annual figure was $8.2 million, up 948.77% from the prior year.
- Cash & Equivalents 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 & Equivalents topped out at $8.2 million in Q4 2025 and bottomed at $596251.0 in Q1 2025.
- Historically, Cash & Equivalents has averaged $3.6 million across 5 years, with a median of $3.1 million in 2023.
- On a YoY basis, Cash & Equivalents climbed as much as 948.77% in 2025 and fell as far as 87.91% in 2025.
- SolarMax Technology's Cash & Equivalents stood at $3.8 million in 2022, then sank by 33.56% to $2.5 million in 2023, then sank by 69.03% to $786333.0 in 2024, then soared by 948.77% to $8.2 million in 2025, then tumbled by 44.37% to $4.6 million in 2026.
- Business Quant data shows SMXT's Cash & Equivalents 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 & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.69 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 | 529.34 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 527.26 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 | 1.37 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 | 596,251.00 |
| Dec 31, 2024 | 786,333.00 |
| Sep 30, 2024 | 871,415.00 |
| Jun 30, 2024 | 1.36 Mn |
| Mar 31, 2024 | 4.93 Mn |
| Dec 31, 2023 | 2.54 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 7.97 Mn |
| Dec 31, 2022 | 3.82 Mn |