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% on a QoQ basis from $339882.0 in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Convertible Debt data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Convertible Debt fell 76.23% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 million (down 76.23% YoY) and the FY2025 annual result came in at $339882.0, down 94.8% from the prior year.
- Convertible Debt climbed to $1.3 million in Q1 2026 per SMXT's latest filing, from $339882.0 in the prior quarter.
- Across five years, Convertible Debt topped out at $16.0 million in Q2 2024 and bottomed at $339882.0 in Q4 2025.
- The 5-year median for Convertible Debt is $6.4 million (2024), against an average of $6.6 million.
- The widest annual swing landed in 2024, when Convertible Debt fell 10.17%; it then slumped 94.8% in 2025.
- Tracing SMXT's Convertible Debt over 5 years: stood at $13.3 million in 2022, then slumped by 45.32% to $7.3 million in 2023, then decreased by 10.17% to $6.5 million in 2024, then tumbled by 94.8% to $339882.0 in 2025, then jumped by 288.95% to $1.3 million in 2026.
- Per Business Quant, the three latest SMXT Convertible Debt figures stand at $1.3 million (Q1 2026), $339882.0 (Q4 2025), and $4.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |