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
DateValue
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%