SolarMax Technology (SMXT) Equity Average (2023 - 2026)
SolarMax Technology (SMXT) reported Equity Average of -$11.8 million for Q1 2026, up 23.7% year-over-year from -$9.5 million in Q1 2025, and up 1.55% quarter-over-quarter from -$12.0 million in Q4 2025.
SolarMax Technology (SMXT) Equity Average (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Equity Average data on file, last reported at -$11.8 million in Q1 2026.
- Equity Average for Q1 2026 came in at -$11.8 million, up 23.7% year-over-year; the trailing twelve-month figure through Mar 2026 was -$11.8 million (up 23.7% YoY), and the FY2025 annual result was -$13.6 million, up 11.88% from the prior year.
- Equity Average improved to -$11.8 million in Q1 2026 per SMXT's latest filing, from -$12.0 million in the prior quarter.
- Over five years, Equity Average peaked at -$1.7 million in Q2 2024 and troughed at -$17.0 million in Q3 2023.
- A 4-year average of -$12.6 million and a median of -$13.4 million in 2025 frame the typical range for Equity Average.
- The sharpest annual moves came in 2024 and 2025: Equity Average surged 89.69% in 2024, then tumbled 811.4% in 2025.
- A 4-year view of Equity Average shows it stood at -$16.1 million in 2023, then gained by 19.18% to -$13.0 million in 2024, then gained by 7.79% to -$12.0 million in 2025, then rose by 1.55% to -$11.8 million in 2026.
- Business Quant data shows SMXT's Equity Average at -$11.8 million in Q1 2026, -$12.0 million in Q4 2025, and -$13.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 9.71 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 2.24 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.09 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 419.09 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 3.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 600.81 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -210.36 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 | 34.23 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | -11.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.81 Mn |
| Dec 31, 2025 | -11.99 Mn |
| Sep 30, 2025 | -13.44 Mn |
| Jun 30, 2025 | -15.49 Mn |
| Mar 31, 2025 | -15.48 Mn |
| Dec 31, 2024 | -13.01 Mn |
| Sep 30, 2024 | -6.88 Mn |
| Jun 30, 2024 | -1.70 Mn |
| Mar 31, 2024 | -8.24 Mn |
| Dec 31, 2023 | -16.09 Mn |
| Sep 30, 2023 | -17.01 Mn |
| Jun 30, 2023 | -16.48 Mn |
| Mar 31, 2023 | -15.73 Mn |