SolarMax Technology (SMXT) FCF Margin (2023 - 2026)
SolarMax Technology's (SMXT) quarterly FCF Margin came in at 28.23% in Q1 2026, down 1956.0% year-on-year from 1.52% in Q1 2025, and down 421.98% on a QoQ basis 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.
- On a quarterly basis, FCF Margin fell 1956.0% year-over-year to 28.23% in Q1 2026; TTM through Mar 2026 was 3.12%, a 1067.0% increase from a year earlier, with the FY2025 full-year figure at 0.55%, up 4027.0% from the prior year.
- FCF Margin for Q1 2026 stood at 28.23%, down from 5.41% in the prior quarter.
- Over the last five years, FCF Margin for SMXT reached as high as 36.59% in Q4 2023 and fell as low as 111.04% in Q1 2024.
- Historically, FCF Margin has averaged 12.01% across 4 years, with a median of 5.41% in 2025.
- Across the five-year window, FCF Margin plunged 12941 bps in 2024 and surged 10236 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 36.59% in 2023, then slumped by 156 bps to 20.37% in 2024, then soared by 73 bps to 5.41% in 2025, then tumbled by 422 bps to 28.23% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 28.23% in Q1 2026, 5.41% in Q4 2025, and 11.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 14.00% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 32.11% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 1.41% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -34.93% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 16.54% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -16.53% |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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% |