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| Date | Value |
|---|---|
| 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 |