SolarMax Technology (SMXT) Change in Cash (2023 - 2026)
SolarMax Technology (SMXT) reported 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% on a QoQ basis from $2.2 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Change in Cash data on file, last reported at -$3.7 million in Q1 2026.
- Quarterly Change in Cash fell 1834.32% year-over-year to -$3.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 million (up 184.17% YoY) and the FY2025 annual result came in at $7.2 million, up 492.4% from the prior year.
- Change in Cash declined 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.
- The 4-year median for Change in Cash is -$88791.0 (2024), against an average of $32225.8.
- The widest annual swing landed in 2025, when Change in Cash surged 2630.75%; it then tumbled 1834.32% in 2026.
- Tracing SMXT's Change in Cash over 4 years: 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 slumped by 262.83% to -$3.7 million in 2026.
- Per Business Quant, the three latest SMXT Change in Cash figures stand at -$3.7 million (Q1 2026), $2.2 million (Q4 2025), and $3.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -437.66 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -239.50 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 23.23 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 13.52 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -43.99 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |