SolarMax Technology (SMXT) Cash from Operations (2023 - 2026)
SolarMax Technology (SMXT) reported Cash from Operations of 4187144.0 for Q1 2026, down 596.54% year-over-year from 843262.71 in Q1 2025, and down 66.23% on a QoQ basis from 2518890.0 in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Cash from Operations data on file, last reported at 4187144.0 in Q1 2026.
- Quarterly Cash from Operations fell 596.54% year-over-year to 4187144.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3087961.0 (up 7.29% YoY) and the FY2025 annual result came in at 498049.0, up 105.46% from the prior year.
- Cash from Operations declined to 4187144.0 in Q1 2026 per SMXT's latest filing, from 2518890.0 in the prior quarter.
- Across five years, Cash from Operations topped out at 4480363.0 in Q4 2023 and bottomed at 6400294.0 in Q1 2024.
- The 4-year median for Cash from Operations is 601134.0 (2025), against an average of 671387.38.
- The widest annual swing landed in 2025, when Cash from Operations surged 1568.5%; it then slumped 596.54% in 2026.
- Tracing SMXT's Cash from Operations over 4 years: stood at 4480363.0 in 2023, then sank by 129.27% to 1311515.0 in 2024, then slumped by 92.06% to 2518890.0 in 2025, then tumbled by 66.23% to 4187144.0 in 2026.
- Per Business Quant, the three latest SMXT Cash from Operations figures stand at 4187144.0 (Q1 2026), 2518890.0 (Q4 2025), and 3397371.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -214.87 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 171.43 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -65.03 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 102.87 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 24.43 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 10.62 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -41.45 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -29.42 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 | -4.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.19 Mn |
| Mar 31, 2026 | -4.19 Mn |
| Dec 31, 2025 | -2.52 Mn |
| Dec 31, 2025 | -2.52 Mn |
| Sep 30, 2025 | 3.40 Mn |
| Sep 30, 2025 | 3.40 Mn |
| Jun 30, 2025 | 220,702.00 |
| Jun 30, 2025 | 220,702.00 |
| Mar 31, 2025 | -601,134.00 |
| Mar 31, 2025 | -601,134.00 |
| Dec 31, 2024 | -1.31 Mn |
| Dec 31, 2024 | -1.31 Mn |
| Sep 30, 2024 | 203,618.00 |
| Sep 30, 2024 | 203,618.00 |
| Jun 30, 2024 | -1.62 Mn |
| Jun 30, 2024 | -1.62 Mn |
| Mar 31, 2024 | -6.40 Mn |
| Mar 31, 2024 | -6.40 Mn |
| Dec 31, 2023 | 4.48 Mn |
| Dec 31, 2023 | 4.48 Mn |
| Sep 30, 2023 | 994,590.00 |
| Sep 30, 2023 | 994,590.00 |
| Jun 30, 2023 | -3.75 Mn |
| Jun 30, 2023 | -3.75 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Mar 31, 2023 | 2.36 Mn |