SolarMax Technology SMXT
NASDAQ SMXT
$2.34 -0.08 (-3.31%)
At close: Sep 11, 2026 · 4:00 PM EDT

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-over-year from $1.3 million in Q1 2025, and down 95.82% quarter-over-quarter from $33.6 million in Q4 2025.

Analysis

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

SolarMax Technology (SMXT) has reported Change in Account Payables for 4 consecutive years, with $1.4 million the latest figure, recorded 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 was $1.4 million for Q1 2026 at SolarMax Technology, down from $33.6 million in the prior quarter.
  • Over five years, Change in Account Payables peaked at $33.6 million in Q4 2025 and troughed at -$1.3 million in Q1 2024.
  • A 4-year average of $4.5 million and a median of $70119.0 in 2024 frame the typical range for Change in Account Payables.
  • The widest YoY moves for Change in Account Payables: up 42300.94% in 2025, down 245.59% in 2025.
  • Over 4 years, Change in Account Payables stood at -$257065.0 in 2023, then surged by 69.06% to -$79534.0 in 2024, then jumped by 42300.94% to $33.6 million in 2025, then tumbled by 95.82% to $1.4 million in 2026.
  • The last three Change in Account Payables figures came in at $1.4 million (Q1 2026), $33.6 million (Q4 2025), and $22.2 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Sunrun 2.06 Bn 2.96 Bn 527.54 Mn -9.42 Mn
2 SunPower 51.51 Mn 47.41 Mn 24.96 Mn -26,000.00
3 SUNation Energy 20.84 Mn 17.78 Mn 2.13 Mn -8,475.00
4 Zeo Energy 18.90 Mn 33.89 Mn 7.62 Mn -281,994.00
5 SolarMax Technology 11.10 Mn 6.51 Mn 3.05 Mn 1.40 Mn
6 Founder 1.80 Mn -28.08 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 1.40 Mn
Dec 31, 2025 33.56 Mn
Sep 30, 2025 22.16 Mn
Jun 30, 2025 -102,089.00
Mar 31, 2025 1.28 Mn
Dec 31, 2024 -79,534.00
Sep 30, 2024 632,933.00
Jun 30, 2024 70,119.00
Mar 31, 2024 -1.34 Mn
Dec 31, 2023 -257,065.00
Sep 30, 2023 -120,144.00
Jun 30, 2023 2.05 Mn
Mar 31, 2023 -515,739.00