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
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