SolarMax Technology (SMXT) Change in Inventory (2023 - 2026)
SolarMax Technology (SMXT) reported 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% on a QoQ basis from -$721146.0 in Q2 2025.
SolarMax Technology (SMXT) has 4 years of Change in Inventory data on file, last reported at -$343619.0 in Q1 2026.
- Quarterly Change in Inventory fell 134.07% year-over-year to -$343619.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$268803.0 (down 125.03% YoY) and the FY2025 annual result came in at $832691.0, up 11626.39% from the prior year.
- Change in Inventory advanced 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.
- The 4-year median for Change in Inventory is -$317635.0 (2023), against an average of -$181975.8.
- Peak annual rise in Change in Inventory reached 1836.91% in 2025, while the deepest fall reached 322.33% in 2025.
- Tracing SMXT's Change in Inventory over 4 years: stood at -$317635.0 in 2023, then surged by 33.06% to -$212610.0 in 2024, then tumbled by 239.19% to -$721146.0 in 2025, then soared by 52.35% to -$343619.0 in 2026.
- Per Business Quant, the three latest SMXT Change in Inventory figures stand at -$343619.0 (Q1 2026), -$721146.0 (Q2 2025), and $1.0 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.82 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 2.65 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 38.34 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -30.90 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 69.63 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 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 | -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 |
| Mar 31, 2023 | -502,834.00 |
| Mar 31, 2023 | -502,834.00 |