SolarMax Technology (SMXT) Change in Receivables (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Change in Receivables came in at -$657382.0 in Q1 2026, down 1594.15% year-over-year from $43997.0 in Q1 2025, and down 103.69% quarter-over-quarter from $17.8 million in Q4 2025.
Analysis
SolarMax Technology (SMXT) Change in Receivables (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Change in Receivables for 4 consecutive years, with -$657382.0 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Change in Receivables fell 1594.15% year-over-year to -$657382.0 in Q1 2026; TTM through Mar 2026 was $8.0 million, a 2041.61% increase from a year earlier, with the FY2025 full-year figure at $8.7 million, up 3954.24% from the prior year.
- Change in Receivables was -$657382.0 for Q1 2026 at SolarMax Technology, down from $17.8 million in the prior quarter.
- Over five years, Change in Receivables peaked at $17.8 million in Q4 2025 and troughed at -$8.3 million in Q3 2025.
- A 4-year average of $516587.2 and a median of -$114796.0 in 2024 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables plunged 2934.19% in 2024 and jumped 2654.91% in 2025, its largest moves.
- Over 4 years, Change in Receivables stood at -$797048.0 in 2023, then jumped by 181.05% to $646013.0 in 2024, then jumped by 2654.91% to $17.8 million in 2025, then sank by 103.69% to -$657382.0 in 2026.
- The last three Change in Receivables figures came in at -$657382.0 (Q1 2026), $17.8 million (Q4 2025), and -$8.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | 9.93 Mn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | -6.05 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | -84,976.00 |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | -74,829.00 |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | -657,382.00 |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -657,382.00 |
| Dec 31, 2025 | 17.80 Mn |
| Sep 30, 2025 | -8.28 Mn |
| Jun 30, 2025 | -862,813.00 |
| Mar 31, 2025 | 43,997.00 |
| Dec 31, 2024 | 646,013.00 |
| Sep 30, 2024 | -818,351.00 |
| Jun 30, 2024 | 501,608.00 |
| Mar 31, 2024 | -114,796.00 |
| Dec 31, 2023 | -797,048.00 |
| Sep 30, 2023 | -26,971.00 |
| Jun 30, 2023 | 265,176.00 |
| Mar 31, 2023 | -977,912.00 |