Growth Metrics

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 🔒
DateValue
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