SolarMax Technology (SMXT) Cash from Operations (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly 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% quarter-over-quarter from 2518890.0 in Q4 2025.
SolarMax Technology (SMXT) Cash from Operations (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Cash from Operations for 4 consecutive years, with 4187144.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Cash from Operations fell 596.54% year-over-year to 4187144.0; the TTM figure through Mar 2026 stood at 3087961.0 (up 7.29% YoY), while the FY2025 annual figure was 498049.0, up 105.46% from the prior year.
- Cash from Operations retreated 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.
- Historically, Cash from Operations has averaged 671387.38 across 4 years, with a median of 601134.0 in 2025.
- Annual changes were most pronounced in 2025 — Cash from Operations jumped 1568.5% — and 2026, when it plunged 596.54%.
- SolarMax Technology's Cash from Operations stood at 4480363.0 in 2023, then plunged by 129.27% to 1311515.0 in 2024, then sank by 92.06% to 2518890.0 in 2025, then slumped by 66.23% to 4187144.0 in 2026.
- Business Quant data shows SMXT's Cash from Operations at 4187144.0 in Q1 2026, 2518890.0 in Q4 2025, and 3397371.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | -144.90 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 121.06 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 40.32 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -186.18 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 11.42 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 6.81 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -65.03 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 121.28 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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 |