SolarMax Technology (SMXT) Change in Account Payables (2023 - 2026)
SolarMax Technology (SMXT) reported Change in Account Payables of $1.4 million for 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.
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.
- Change in Account Payables for Q1 2026 came in at $1.4 million, up 9.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $57.0 million (up 2894.38% YoY), and the FY2025 annual result was $56.9 million, up 8019.58% from the prior year.
- Change in Account Payables declined to $1.4 million in Q1 2026 per SMXT's latest filing, 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.
- 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.
- A 4-year view of Change in Account Payables shows it 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 slumped by 95.82% to $1.4 million in 2026.
- Business Quant data shows SMXT's Change in Account Payables at $1.4 million in Q1 2026, $33.6 million in Q4 2025, and $22.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 132.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 78.71 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 15.22 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -15.04 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 1.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |