SolarMax Technology (SMXT) Change in Cash (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Change in Cash of -$3.7 million for Q1 2026, down 1834.32% year-over-year from $210971.5 in Q1 2025, and down 262.83% quarter-over-quarter from $2.2 million in Q4 2025.
SolarMax Technology (SMXT) Change in Cash (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Change in Cash for 4 consecutive years, with -$3.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Cash fell 1834.32% year-over-year to -$3.7 million; the TTM figure through Mar 2026 stood at $3.7 million (up 184.17% YoY), while the FY2025 annual figure was $7.2 million, up 492.4% from the prior year.
- Change in Cash retreated to -$3.7 million in Q1 2026 per SMXT's latest filing, from $2.2 million in the prior quarter.
- Across five years, Change in Cash topped out at $4.4 million in Q1 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2025 — Change in Cash jumped 2630.75% — and 2026, when it sank 1834.32%.
- SolarMax Technology's Change in Cash stood at -$1.3 million in 2023, then soared by 93.16% to -$88791.0 in 2024, then surged by 2630.75% to $2.2 million in 2025, then sank by 262.83% to -$3.7 million in 2026.
- Business Quant data shows SMXT's Change in Cash at -$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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | -673.84 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 118.92 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 31.80 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 47.11 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 28.55 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 13.85 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -239.50 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 | 105.31 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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 |