SolarMax Technology (SMXT) Change in Receivables (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Change in Receivables for 4 consecutive years, with -$657382.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Receivables fell 1594.15% year-over-year to -$657382.0; the TTM figure through Mar 2026 stood at -$1.7 million (down 553.63% YoY), while the FY2025 annual figure was $8.7 million, up 3954.24% from the prior year.
- Change in Receivables rose to -$657382.0 in Q1 2026 per SMXT's latest filing, from -$862813.0 in the prior quarter.
- Across five years, Change in Receivables topped out at $501608.0 in Q2 2024 and bottomed at -$977912.0 in Q1 2023.
- Historically, Change in Receivables has averaged -$254407.2 across 4 years, with a median of -$114796.0 in 2024.
- Annual changes were most pronounced in 2024 — Change in Receivables jumped 265.83% — and 2026, when it tumbled 1594.15%.
- SolarMax Technology's Change in Receivables stood at -$797048.0 in 2023, then soared by 72.77% to -$217065.0 in 2024, then slumped by 297.49% to -$862813.0 in 2025, then gained 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | 55.20 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 77.23 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 9.93 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -10.24 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.62 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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 |