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
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