SolarMax Technology (SMXT) Change in Cash (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Change in Cash came in at -$3.7 million in Q1 2026, down 1834.32% year-on-year from $210971.5 in Q1 2025, and down 262.83% on a QoQ basis from $2.2 million in Q4 2025.
SolarMax Technology (SMXT) Change in Cash (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Change in Cash data on file, last reported at -$3.7 million in Q1 2026.
- On a quarterly basis, Change in Cash fell 1834.32% year-over-year to -$3.7 million in Q1 2026; TTM through Mar 2026 was $3.7 million, a 184.17% increase from a year earlier, with the FY2025 full-year figure at $7.2 million, up 492.4% from the prior year.
- Change in Cash for Q1 2026 stood at -$3.7 million, down from $2.2 million in the prior quarter.
- Over the last five years, Change in Cash for SMXT reached as high as $4.4 million in Q1 2023 and fell as low as -$4.5 million in Q2 2023.
- Historically, Change in Cash has averaged $32225.8 across 4 years, with a median of -$88791.0 in 2024.
- Across the five-year window, Change in Cash surged 2630.75% in 2025 and tumbled 1834.32% in 2026, its largest moves.
- Year by year, Change in Cash stood at -$1.3 million in 2023, then surged by 93.16% to -$88791.0 in 2024, then jumped by 2630.75% to $2.2 million in 2025, then sank by 262.83% to -$3.7 million in 2026.
- Per Business Quant data, the three most recent Change in Cash figures were -$3.7 million in Q1 2026, $2.2 million in Q4 2025, and $3.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -437.66 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 23.23 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 | 13.52 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -239.50 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -43.99 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | -3.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.66 Mn |
| Dec 31, 2025 | 2.25 Mn |
| Sep 30, 2025 | 3.81 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | -189,158.00 |
| Dec 31, 2024 | -88,791.00 |
| Sep 30, 2024 | -521,486.00 |
| Jun 30, 2024 | -3.61 Mn |
| Mar 31, 2024 | 2.39 Mn |
| Dec 31, 2023 | -1.30 Mn |
| Sep 30, 2023 | 174,697.00 |
| Jun 30, 2023 | -4.52 Mn |
| Mar 31, 2023 | 4.36 Mn |