SolarMax Technology (SMXT) Cash & Equivalents (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Cash & Equivalents came in at $4.6 million in Q1 2026, up 669.46% year-on-year from $596251.0 in Q1 2025, and down 44.37% on a QoQ basis from $8.2 million in Q4 2025.

SolarMax Technology (SMXT) Cash & Equivalents (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 5 years of Cash & Equivalents data on file, last reported at $4.6 million in Q1 2026.

  • On a quarterly basis, Cash & Equivalents rose 669.46% year-over-year to $4.6 million in Q1 2026; TTM through Mar 2026 was $4.6 million, a 669.46% increase from a year earlier, with the FY2025 full-year figure at $8.2 million, up 948.77% from the prior year.
  • Cash & Equivalents for Q1 2026 stood at $4.6 million, down from $8.2 million in the prior quarter.
  • Over the last five years, Cash & Equivalents for SMXT reached as high as $8.2 million in Q4 2025 and fell as low as $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.
  • Year by year, 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 surged by 948.77% to $8.2 million in 2025, then tumbled by 44.37% to $4.6 million in 2026.
  • Per Business Quant data, the three most recent Cash & Equivalents figures were $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 22.08 Bn 19.65 Bn 486.13 Mn 2.36 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 1.09 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 497.55 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 3.31 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 512.38 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 1.88 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 541.71 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 200.70 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn 4.59 Mn

Historic Data

Download Data
DateValue
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