SolarMax Technology (SMXT) Change in Account Payables (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Change in Account Payables for 4 consecutive years, with $1.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Account Payables rose 9.5% year-over-year to $1.4 million; the TTM figure through Mar 2026 stood at $57.0 million (up 2894.38% YoY), while the FY2025 annual figure was $56.9 million, up 8019.58% from the prior year.
- Change in Account Payables slipped to $1.4 million in Q1 2026 per SMXT's latest filing, from $33.6 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $33.6 million in Q4 2025 and bottomed at -$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.
- SolarMax Technology's Change in Account Payables stood at -$257065.0 in 2023, then jumped by 69.06% to -$79534.0 in 2024, then soared by 42300.94% to $33.6 million in 2025, then tumbled 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -9.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 55.70 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -14.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 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 | - |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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 |