SolarMax Technology (SMXT) Interest Expenses (2024 - 2026)
SolarMax Technology's Interest Expenses was $285,436 in Q2 2026, down 35.7% from $443,628 a year earlier and down 18.9% from the prior quarter.
SolarMax Technology (SMXT) Interest Expenses (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, SolarMax Technology's Interest Expenses was $1.4 million through Jun 30, 2026, down 23.3% year-over-year; for FY2025, it was $1.65 million, down 13.5% from FY2024.
- Interest Expenses shows a three-year compound annual growth rate of 121.0% (FY2022 to FY2025).
- In earlier years, Interest Expenses was $1.91 million in FY2024 (+22.0%), $1.56 million in FY2023 (+923.6%) and $152,637 in FY2022.
- The Q2 2026 figure marks the lowest quarterly Interest Expenses in data going back to Q1 2024.
- Compared with a year earlier, Interest Expenses has declined for six straight quarters, with an average decline of 18.4% over the last six quarters.
- Per Business Quant data, SMXT's Interest Expenses in the three quarters before Q2 2026 was $351,804 (Q1 2026), $337,684 (Q4 2025) and $425,700 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn | 73.55 Mn |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - | - |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn | 54.65 Mn |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn | 47.20 Mn |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn | 3.09 Mn |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | 1.01 Mn |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn | 36.94 Mn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | 47.64 Mn |
| 10 | SolarMax Technology | 21.86 Mn | 1.71 Mn | 2.41 Mn | 285,436.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 285,436.00 |
| Mar 31, 2026 | 351,804.00 |
| Dec 31, 2025 | 337,684.00 |
| Sep 30, 2025 | 425,700.00 |
| Jun 30, 2025 | 443,628.00 |
| Mar 31, 2025 | 441,309.00 |
| Dec 31, 2024 | 453,287.00 |
| Sep 30, 2024 | 488,723.00 |
| Jun 30, 2024 | 477,852.00 |
| Mar 31, 2024 | 485,981.00 |
SolarMax Technology Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=SMXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();