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% on a QoQ basis from 5.41% in Q4 2025.
SolarMax Technology (SMXT) has 4 years of FCF Margin data on file, last reported at 28.23% in Q1 2026.
- Quarterly FCF Margin fell 1956.0% year-over-year to 28.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.12% (up 1067.0% YoY) and the FY2025 annual result came in at 0.55%, up 4027.0% from the prior year.
- FCF Margin slipped to 28.23% in Q1 2026 per SMXT's latest filing, from 5.41% in the prior quarter.
- Across five years, FCF Margin topped out at 36.59% in Q4 2023 and bottomed at 111.04% in Q1 2024.
- The 4-year median for FCF Margin is 5.41% (2025), against an average of 12.01%.
- The widest annual swing landed in 2024, when FCF Margin plunged 12941 bps; it then surged 10236 bps in 2025.
- Tracing SMXT's FCF Margin over 4 years: stood at 36.59% in 2023, then tumbled by 156 bps to 20.37% in 2024, then jumped by 73 bps to 5.41% in 2025, then plunged by 422 bps to 28.23% in 2026.
- Per Business Quant, the three latest SMXT FCF Margin figures stand at 28.23% (Q1 2026), 5.41% (Q4 2025), and 11.1% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 14.00% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 16.54% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 32.11% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 1.41% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -29.72% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -16.53% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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% |