SolarMax Technology (SMXT) Change in Receivables (2023 - 2026)
SolarMax Technology (SMXT) reported Change in Receivables of -$657382.0 for Q1 2026, down 1594.15% year-over-year from $43997.0 in Q1 2025, and up 23.81% quarter-over-quarter from -$862813.0 in Q2 2025.
SolarMax Technology (SMXT) Change in Receivables (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Change in Receivables data on file, last reported at -$657382.0 in Q1 2026.
- Change in Receivables for Q1 2026 came in at -$657382.0, down 1594.15% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.7 million (down 553.63% YoY), and the FY2025 annual result was $8.7 million, up 3954.24% from the prior year.
- Change in Receivables advanced to -$657382.0 in Q1 2026 per SMXT's latest filing, from -$862813.0 in the prior quarter.
- Over five years, Change in Receivables peaked at $501608.0 in Q2 2024 and troughed at -$977912.0 in Q1 2023.
- A 4-year average of -$254407.2 and a median of -$114796.0 in 2024 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2024 and 2026: Change in Receivables jumped 265.83% in 2024, then tumbled 1594.15% in 2026.
- A 4-year view of Change in Receivables shows it stood at -$797048.0 in 2023, then surged by 72.77% to -$217065.0 in 2024, then sank by 297.49% to -$862813.0 in 2025, then rose by 23.81% to -$657382.0 in 2026.
- Business Quant data shows SMXT's Change in Receivables at -$657382.0 in Q1 2026, -$862813.0 in Q2 2025, and $43997.0 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -41.56 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -43.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -22.09 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 412,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.23 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | -657,382.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -657,382.00 |
| Mar 31, 2026 | -657,382.00 |
| Jun 30, 2025 | -862,813.00 |
| Jun 30, 2025 | -862,813.00 |
| Mar 31, 2025 | 43,997.00 |
| Mar 31, 2025 | 43,997.00 |
| Dec 31, 2024 | -217,065.00 |
| Dec 31, 2024 | -217,065.00 |
| Sep 30, 2024 | 44,727.00 |
| Sep 30, 2024 | 44,727.00 |
| Jun 30, 2024 | 501,608.00 |
| Jun 30, 2024 | 501,608.00 |
| Mar 31, 2024 | -114,796.00 |
| Mar 31, 2024 | -114,796.00 |
| Dec 31, 2023 | -797,048.00 |
| Dec 31, 2023 | -797,048.00 |
| Sep 30, 2023 | -26,971.00 |
| Sep 30, 2023 | -26,971.00 |
| Jun 30, 2023 | 265,176.00 |
| Jun 30, 2023 | 265,176.00 |