SolarMax Technology (SMXT) Change in Inventory (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Change in Inventory of -$343619.0 for Q1 2026, down 134.07% year-over-year from $1.0 million in Q1 2025, and up 52.35% quarter-over-quarter from -$721146.0 in Q2 2025.
SolarMax Technology (SMXT) Change in Inventory (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Change in Inventory for 4 consecutive years, with -$343619.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory fell 134.07% year-over-year to -$343619.0; the TTM figure through Mar 2026 stood at -$268803.0 (down 125.03% YoY), while the FY2025 annual figure was $832691.0, up 11626.39% from the prior year.
- Change in Inventory improved to -$343619.0 in Q1 2026 per SMXT's latest filing, from -$721146.0 in the prior quarter.
- Across five years, Change in Inventory topped out at $1.0 million in Q1 2025 and bottomed at -$766061.0 in Q2 2023.
- Historically, Change in Inventory has averaged -$181975.8 across 4 years, with a median of -$317635.0 in 2023.
- On a YoY basis, Change in Inventory climbed as much as 1836.91% in 2025 and fell as far as 322.33% in 2025.
- SolarMax Technology's Change in Inventory stood at -$317635.0 in 2023, then surged by 33.06% to -$212610.0 in 2024, then slumped by 239.19% to -$721146.0 in 2025, then soared by 52.35% to -$343619.0 in 2026.
- Business Quant data shows SMXT's Change in Inventory at -$343619.0 in Q1 2026, -$721146.0 in Q2 2025, and $1.0 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 162.14 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | -5.68 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 101.39 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -3.12 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 27.45 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 | -343,619.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -343,619.00 |
| Mar 31, 2026 | -343,619.00 |
| Jun 30, 2025 | -721,146.00 |
| Jun 30, 2025 | -721,146.00 |
| Mar 31, 2025 | 1.01 Mn |
| Mar 31, 2025 | 1.01 Mn |
| Dec 31, 2024 | -212,610.00 |
| Dec 31, 2024 | -212,610.00 |
| Sep 30, 2024 | -46,586.00 |
| Sep 30, 2024 | -46,586.00 |
| Jun 30, 2024 | 324,364.00 |
| Jun 30, 2024 | 324,364.00 |
| Mar 31, 2024 | -58,067.00 |
| Mar 31, 2024 | -58,067.00 |
| Dec 31, 2023 | -317,635.00 |
| Dec 31, 2023 | -317,635.00 |
| Sep 30, 2023 | -366,112.00 |
| Sep 30, 2023 | -366,112.00 |
| Jun 30, 2023 | -766,061.00 |
| Jun 30, 2023 | -766,061.00 |