SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)
SolarMax Technology (SMXT) reported Convertible Debt of $1.3 million for Q1 2026, down 76.23% year-over-year from $5.6 million in Q1 2025, and up 288.95% quarter-over-quarter from $339882.0 in Q4 2025.
SolarMax Technology (SMXT) Convertible Debt (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Convertible Debt data on file, last reported at $1.3 million in Q1 2026.
- Convertible Debt for Q1 2026 came in at $1.3 million, down 76.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 million (down 76.23% YoY), and the FY2025 annual result was $339882.0, down 94.8% from the prior year.
- Convertible Debt advanced to $1.3 million in Q1 2026 per SMXT's latest filing, from $339882.0 in the prior quarter.
- Over five years, Convertible Debt peaked at $16.0 million in Q2 2024 and troughed at $339882.0 in Q4 2025.
- A 5-year average of $6.6 million and a median of $6.4 million in 2024 frame the typical range for Convertible Debt.
- The sharpest annual moves came in 2024 and 2025: Convertible Debt decreased 10.17% in 2024, then plunged 94.8% in 2025.
- A 5-year view of Convertible Debt shows it stood at $13.3 million in 2022, then plunged by 45.32% to $7.3 million in 2023, then dropped by 10.17% to $6.5 million in 2024, then sank by 94.8% to $339882.0 in 2025, then soared by 288.95% to $1.3 million in 2026.
- Business Quant data shows SMXT's Convertible Debt at $1.3 million in Q1 2026, $339882.0 in Q4 2025, and $4.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 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 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.32 Mn |
| Dec 31, 2025 | 339,882.00 |
| Sep 30, 2025 | 4.70 Mn |
| Jun 30, 2025 | 4.57 Mn |
| Mar 31, 2025 | 5.56 Mn |
| Dec 31, 2024 | 6.53 Mn |
| Sep 30, 2024 | 6.78 Mn |
| Jun 30, 2024 | 16.05 Mn |
| Mar 31, 2024 | 6.36 Mn |
| Dec 31, 2023 | 7.27 Mn |
| Dec 31, 2022 | 13.30 Mn |