SolarMax Technology (SMXT) Interest Expenses (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Interest Expenses came in at $398461.0 in Q1 2026, up 1.64% year-on-year from $392047.0 in Q1 2025, and down 16.7% on a QoQ basis from $478360.0 in Q4 2025.

SolarMax Technology (SMXT) Interest Expenses (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 5 years of Interest Expenses data on file, last reported at $398461.0 in Q1 2026.

  • On a quarterly basis, Interest Expenses rose 1.64% year-over-year to $398461.0 in Q1 2026; TTM through Mar 2026 was $1.5 million, a 31.07% decrease from a year earlier, with the FY2025 full-year figure at $1.4 million, down 94.53% from the prior year.
  • Interest Expenses for Q1 2026 stood at $398461.0, down from $478360.0 in the prior quarter.
  • Over the last five years, Interest Expenses for SMXT reached as high as $1.9 million in Q4 2022 and fell as low as $193314.0 in Q4 2023.
  • Historically, Interest Expenses has averaged $512878.6 across 5 years, with a median of $352584.5 in 2023.
  • Across the five-year window, Interest Expenses plunged 89.73% in 2023 and soared 563.1% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at $1.9 million in 2022, then plunged by 89.73% to $193314.0 in 2023, then surged by 563.1% to $1.3 million in 2024, then plunged by 62.68% to $478360.0 in 2025, then declined by 16.7% to $398461.0 in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $398461.0 in Q1 2026, $478360.0 in Q4 2025, and $355850.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 56.27 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 26.55 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 28.41 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 83.69 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 210.73 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.90 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -48.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.38 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn 398,461.00

Historic Data

Download Data
DateValue
Mar 31, 2026 398,461.00
Mar 31, 2026 398,461.00
Dec 31, 2025 478,360.00
Dec 31, 2025 478,360.00
Sep 30, 2025 355,850.00
Sep 30, 2025 355,850.00
Jun 30, 2025 254,000.00
Jun 30, 2025 254,000.00
Mar 31, 2025 392,047.00
Mar 31, 2025 392,047.00
Dec 31, 2024 1.28 Mn
Dec 31, 2024 1.28 Mn
Sep 30, 2024 241,000.00
Sep 30, 2024 241,000.00
Jun 30, 2024 242,000.00
Jun 30, 2024 242,000.00
Mar 31, 2024 540,248.00
Mar 31, 2024 540,248.00
Dec 31, 2023 193,314.00
Dec 31, 2023 193,314.00