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% on a QoQ basis from $59369.0 in Q4 2025.
SolarMax Technology (SMXT) has 3 years of Interest Expenses data on file, last reported at $53739.0 in Q1 2026.
- Quarterly Interest Expenses fell 85.45% year-over-year to $53739.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $263949.0 (down 78.19% YoY) and the FY2025 annual result came in at $282116.0, down 17.05% from the prior year.
- Interest Expenses slipped to $53739.0 in Q1 2026 per SMXT's latest filing, from $59369.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $399461.0 in Q3 2024 and bottomed at $53739.0 in Q1 2026.
- The 3-year median for Interest Expenses is $80991.0 (2025), against an average of $206476.3.
- The widest annual swing landed in 2025, when Interest Expenses climbed 5.55%; it then tumbled 85.45% in 2026.
- Tracing SMXT's Interest Expenses over 3 years: stood at $56245.0 in 2024, then increased by 5.55% to $59369.0 in 2025, then retreated by 9.48% to $53739.0 in 2026.
- Per Business Quant, the three latest SMXT Interest Expenses figures stand at $53739.0 (Q1 2026), $59369.0 (Q4 2025), and $69850.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 | 1.14 Mn |
| Dec 31, 2025 | 1.14 Mn |
| Sep 30, 2025 | 69,850.00 |
| Sep 30, 2025 | 69,850.00 |
| Jun 30, 2025 | 362,637.00 |
| Jun 30, 2025 | 362,637.00 |
| Mar 31, 2025 | 71,906.00 |
| Mar 31, 2025 | 71,906.00 |
| Dec 31, 2024 | 1.28 Mn |
| Dec 31, 2024 | 1.28 Mn |
| Sep 30, 2024 | 399,461.00 |
| Sep 30, 2024 | 399,461.00 |
| Jun 30, 2024 | 92,986.00 |
| Jun 30, 2024 | 92,986.00 |
| Mar 31, 2024 | 384,363.00 |
| Mar 31, 2024 | 384,363.00 |