SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Convertible Debt came in at $1.3 million in Q1 2026, down 76.23% year-on-year from $5.6 million in Q1 2025, and up 288.95% on a QoQ basis 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.
- On a quarterly basis, Convertible Debt fell 76.23% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was $1.3 million, a 76.23% decrease from a year earlier, with the FY2025 full-year figure at $339882.0, down 94.8% from the prior year.
- Convertible Debt for Q1 2026 stood at $1.3 million, up from $339882.0 in the prior quarter.
- Over the last five years, Convertible Debt for SMXT reached as high as $16.0 million in Q2 2024 and fell as low as $339882.0 in Q4 2025.
- Historically, Convertible Debt has averaged $6.6 million across 5 years, with a median of $6.4 million in 2024.
- Across the five-year window, Convertible Debt fell 10.17% in 2024 and slumped 94.8% in 2025, its largest moves.
- Year by year, Convertible Debt stood at $13.3 million in 2022, then sank by 45.32% to $7.3 million in 2023, then retreated by 10.17% to $6.5 million in 2024, then slumped by 94.8% to $339882.0 in 2025, then soared by 288.95% to $1.3 million in 2026.
- Per Business Quant data, the three most recent Convertible Debt figures were $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 | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 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 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 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 |
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 |