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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |