SolarMax Technology (SMXT) Change in Inventory (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Change in Inventory came in at -$343619.0 in Q1 2026, down 134.07% year-on-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) Change in Inventory (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Change in Inventory data on file, last reported at -$343619.0 in Q1 2026.
- On a quarterly basis, Change in Inventory fell 134.07% year-over-year to -$343619.0 in Q1 2026; TTM through Mar 2026 was -$268803.0, a 125.03% decrease from a year earlier, with the FY2025 full-year figure at $832691.0, up 11626.39% from the prior year.
- Change in Inventory for Q1 2026 stood at -$343619.0, up from -$721146.0 in the prior quarter.
- Over the last five years, Change in Inventory for SMXT reached as high as $1.0 million in Q1 2025 and fell as low as -$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.
- Year by year, Change in Inventory stood at -$317635.0 in 2023, then jumped by 33.06% to -$212610.0 in 2024, then slumped by 239.19% to -$721146.0 in 2025, then surged by 52.35% to -$343619.0 in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were -$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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | 143.82 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 2.65 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 | 38.34 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -30.90 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 69.63 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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 |