SolarMax Technology (SMXT) Interest Expenses (2024 - 2026)
SolarMax Technology (SMXT) reported Interest Expenses of $53739.0 for Q1 2026, down 85.45% year-over-year from $369403.0 in Q1 2025, and down 9.48% quarter-over-quarter from $59369.0 in Q4 2025.
SolarMax Technology (SMXT) Interest Expenses (2024 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 3 years of Interest Expenses data on file, last reported at $53739.0 in Q1 2026.
- Interest Expenses for Q1 2026 came in at $53739.0, down 85.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $263949.0 (down 78.19% YoY), and the FY2025 annual result was $282116.0, down 17.05% from the prior year.
- Interest Expenses retreated to $53739.0 in Q1 2026 per SMXT's latest filing, from $59369.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $399461.0 in Q3 2024 and troughed at $53739.0 in Q1 2026.
- A 3-year average of $206476.3 and a median of $80991.0 in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2025 and 2026: Interest Expenses increased 5.55% in 2025, then sank 85.45% in 2026.
- A 3-year view of Interest Expenses shows it stood at $56245.0 in 2024, then gained by 5.55% to $59369.0 in 2025, then slipped by 9.48% to $53739.0 in 2026.
- Business Quant data shows SMXT's Interest Expenses at $53739.0 in Q1 2026, $59369.0 in Q4 2025, and $69850.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 633,000.00 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.90 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 5.56 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 | 1,000.00 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 53,739.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53,739.00 |
| Mar 31, 2026 | 53,739.00 |
| Dec 31, 2025 | 59,369.00 |
| Dec 31, 2025 | 59,369.00 |
| Sep 30, 2025 | 69,850.00 |
| Sep 30, 2025 | 69,850.00 |
| Jun 30, 2025 | 80,991.00 |
| Jun 30, 2025 | 80,991.00 |
| Mar 31, 2025 | 369,403.00 |
| Mar 31, 2025 | 369,403.00 |
| Dec 31, 2024 | 56,245.00 |
| Dec 31, 2024 | 56,245.00 |
| Sep 30, 2024 | 399,461.00 |
| Sep 30, 2024 | 399,461.00 |
| Jun 30, 2024 | 384,866.00 |
| Jun 30, 2024 | 384,866.00 |
| Mar 31, 2024 | 384,363.00 |
| Mar 31, 2024 | 384,363.00 |