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| 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 |