SolarMax Technology (SMXT) Free Cash Flow (2023 - 2026)
SolarMax Technology (SMXT) reported Free Cash Flow of -$4.2 million for Q1 2026, down 596.54% year-over-year from $843262.7 in Q1 2025, and down 66.23% quarter-over-quarter 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.
- Free Cash Flow for Q1 2026 came in at -$4.2 million, down 596.54% year-over-year; the trailing twelve-month figure through Mar 2026 was -$3.1 million (up 7.29% YoY), and the FY2025 annual result was $498049.0, up 105.46% from the prior year.
- Free Cash Flow eased to -$4.2 million in Q1 2026 per SMXT's latest filing, from -$2.5 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $4.5 million in Q4 2023 and troughed at -$6.4 million in Q1 2024.
- A 4-year average of -$671387.4 and a median of -$601134.0 in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow jumped 1568.5% in 2025, then plunged 596.54% in 2026.
- A 4-year view of Free Cash Flow shows it stood at $4.5 million in 2023, then tumbled by 129.27% to -$1.3 million in 2024, then plunged by 92.06% to -$2.5 million in 2025, then sank by 66.23% to -$4.2 million in 2026.
- Business Quant data shows SMXT's Free Cash Flow at -$4.2 million in Q1 2026, -$2.5 million in Q4 2025, and $3.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -333.40 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 123.32 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 90.83 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -1.73 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 10.21 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -41.78 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -36.93 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -9.46 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | -4.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |