SolarMax Technology (SMXT) Free Cash Flow (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Free Cash Flow came in at -$4.2 million in Q1 2026, down 596.54% year-on-year from $843262.7 in Q1 2025, and down 66.23% on a QoQ basis from -$2.5 million in Q4 2025.

SolarMax Technology (SMXT) Free Cash Flow (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Free Cash Flow data on file, last reported at -$4.2 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 596.54% year-over-year to -$4.2 million in Q1 2026; TTM through Mar 2026 was -$3.1 million, a 7.29% increase from a year earlier, with the FY2025 full-year figure at $498049.0, up 105.46% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$4.2 million, down from -$2.5 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SMXT reached as high as $4.5 million in Q4 2023 and fell as low as -$6.4 million in Q1 2024.
  • Historically, Free Cash Flow has averaged -$671387.4 across 4 years, with a median of -$601134.0 in 2025.
  • Across the five-year window, Free Cash Flow surged 1568.5% in 2025 and slumped 596.54% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $4.5 million in 2023, then plunged by 129.27% to -$1.3 million in 2024, then sank by 92.06% to -$2.5 million in 2025, then slumped by 66.23% to -$4.2 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$4.2 million in Q1 2026, -$2.5 million in Q4 2025, and $3.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -333.40 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 123.32 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 90.83 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -1.73 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 10.21 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -49.10 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 201.34 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -36.93 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn -4.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.19 Mn
Mar 31, 2026 -4.19 Mn
Dec 31, 2025 -2.52 Mn
Dec 31, 2025 -2.52 Mn
Sep 30, 2025 3.40 Mn
Sep 30, 2025 3.40 Mn
Jun 30, 2025 220,702.00
Jun 30, 2025 220,702.00
Mar 31, 2025 -601,134.00
Mar 31, 2025 -601,134.00
Dec 31, 2024 -1.31 Mn
Dec 31, 2024 -1.31 Mn
Sep 30, 2024 203,618.00
Sep 30, 2024 203,618.00
Jun 30, 2024 -1.62 Mn
Jun 30, 2024 -1.62 Mn
Mar 31, 2024 -6.40 Mn
Mar 31, 2024 -6.40 Mn
Dec 31, 2023 4.48 Mn
Dec 31, 2023 4.48 Mn