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% on a QoQ basis from -$12.0 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Equity Average data on file, last reported at -$11.8 million in Q1 2026.
- Quarterly Equity Average rose 23.7% year-over-year to -$11.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$11.8 million (up 23.7% YoY) and the FY2025 annual result came in at -$13.6 million, up 11.88% from the prior year.
- Equity Average rose to -$11.8 million in Q1 2026 per SMXT's latest filing, from -$12.0 million in the prior quarter.
- Across five years, Equity Average topped out at -$1.7 million in Q2 2024 and bottomed at -$17.0 million in Q3 2023.
- The 4-year median for Equity Average is -$13.4 million (2025), against an average of -$12.6 million.
- The widest annual swing landed in 2024, when Equity Average soared 89.69%; it then sank 811.4% in 2025.
- Tracing SMXT's Equity Average over 4 years: stood at -$16.1 million in 2023, then increased by 19.18% to -$13.0 million in 2024, then increased by 7.79% to -$12.0 million in 2025, then grew by 1.55% to -$11.8 million in 2026.
- Per Business Quant, the three latest SMXT Equity Average figures stand at -$11.8 million (Q1 2026), -$12.0 million (Q4 2025), and -$13.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 9.71 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 2.24 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1,436.10 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 1.09 Bn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 419.09 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 3.81 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 600.81 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -210.36 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 3.80 Bn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |