SolarMax Technology (SMXT) Change in Account Payables (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Change in Account Payables came in at $1.4 million in Q1 2026, up 9.5% year-on-year from $1.3 million in Q1 2025, and down 95.82% on a QoQ basis from $33.6 million in Q4 2025.

SolarMax Technology (SMXT) Change in Account Payables (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Change in Account Payables data on file, last reported at $1.4 million in Q1 2026.

  • On a quarterly basis, Change in Account Payables rose 9.5% year-over-year to $1.4 million in Q1 2026; TTM through Mar 2026 was $57.0 million, a 2894.38% increase from a year earlier, with the FY2025 full-year figure at $56.9 million, up 8019.58% from the prior year.
  • Change in Account Payables for Q1 2026 stood at $1.4 million, down from $33.6 million in the prior quarter.
  • Over the last five years, Change in Account Payables for SMXT reached as high as $33.6 million in Q4 2025 and fell as low as -$1.3 million in Q1 2024.
  • Historically, Change in Account Payables has averaged $4.5 million across 4 years, with a median of $70119.0 in 2024.
  • On a YoY basis, Change in Account Payables climbed as much as 42300.94% in 2025 and fell as far as 245.59% in 2025.
  • Year by year, Change in Account Payables stood at -$257065.0 in 2023, then soared by 69.06% to -$79534.0 in 2024, then surged by 42300.94% to $33.6 million in 2025, then tumbled by 95.82% to $1.4 million in 2026.
  • Per Business Quant data, the three most recent Change in Account Payables figures were $1.4 million in Q1 2026, $33.6 million in Q4 2025, and $22.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 132.56 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 78.71 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 15.22 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn 1.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.40 Mn
Mar 31, 2026 1.40 Mn
Dec 31, 2025 33.56 Mn
Dec 31, 2025 33.56 Mn
Sep 30, 2025 22.16 Mn
Sep 30, 2025 22.16 Mn
Jun 30, 2025 -102,089.00
Jun 30, 2025 -102,089.00
Mar 31, 2025 1.28 Mn
Mar 31, 2025 1.28 Mn
Dec 31, 2024 -79,534.00
Dec 31, 2024 -79,534.00
Sep 30, 2024 632,933.00
Sep 30, 2024 632,933.00
Jun 30, 2024 70,119.00
Jun 30, 2024 70,119.00
Mar 31, 2024 -1.34 Mn
Mar 31, 2024 -1.34 Mn
Dec 31, 2023 -257,065.00
Dec 31, 2023 -257,065.00