SolarMax Technology (SMXT) FCF Margin (2023 - 2026)
SolarMax Technology (SMXT) reported FCF Margin of 28.23% for Q1 2026, down 1956.0% year-over-year from 1.52% in Q1 2025, and down 421.98% quarter-over-quarter from 5.41% in Q4 2025.
SolarMax Technology (SMXT) FCF Margin (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of FCF Margin data on file, last reported at 28.23% in Q1 2026.
- FCF Margin for Q1 2026 came in at 28.23%, down 1956.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.12% (up 1067.0% YoY), and the FY2025 annual result was 0.55%, up 4027.0% from the prior year.
- FCF Margin retreated to 28.23% in Q1 2026 per SMXT's latest filing, from 5.41% in the prior quarter.
- Over five years, FCF Margin peaked at 36.59% in Q4 2023 and troughed at 111.04% in Q1 2024.
- A 4-year average of 12.01% and a median of 5.41% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin slumped 12941 bps in 2024, then jumped 10236 bps in 2025.
- A 4-year view of FCF Margin shows it stood at 36.59% in 2023, then sank by 156 bps to 20.37% in 2024, then soared by 73 bps to 5.41% in 2025, then slumped by 422 bps to 28.23% in 2026.
- Business Quant data shows SMXT's FCF Margin at 28.23% in Q1 2026, 5.41% in Q4 2025, and 11.1% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 14.00% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 32.11% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -0.56% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 1.41% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -29.72% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -16.53% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -37.55% |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | -28.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.23% |
| Dec 31, 2025 | -5.41% |
| Sep 30, 2025 | 11.10% |
| Jun 30, 2025 | 3.21% |
| Mar 31, 2025 | -8.68% |
| Dec 31, 2024 | -20.37% |
| Sep 30, 2024 | 3.22% |
| Jun 30, 2024 | -36.41% |
| Mar 31, 2024 | -111.04% |
| Dec 31, 2023 | 36.59% |
| Sep 30, 2023 | 6.97% |
| Jun 30, 2023 | -25.40% |
| Mar 31, 2023 | 18.37% |