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
DateValue
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