SolarMax Technology (SMXT) Inventory (2022 - 2026)
SolarMax Technology (SMXT) reported Inventory of $1.7 million for Q1 2026, down 25.21% year-over-year from $2.3 million in Q1 2025, and down 16.67% quarter-over-quarter from $2.1 million in Q4 2025.
SolarMax Technology (SMXT) Inventory (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Inventory data on file, last reported at $1.7 million in Q1 2026.
- Inventory for Q1 2026 came in at $1.7 million, down 25.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 million (down 25.21% YoY), and the FY2025 annual result was $2.1 million, up 58.27% from the prior year.
- Inventory eased to $1.7 million in Q1 2026 per SMXT's latest filing, from $2.1 million in the prior quarter.
- Over five years, Inventory peaked at $3.4 million in Q4 2022 and troughed at $1.2 million in Q1 2024.
- A 5-year average of $1.8 million and a median of $1.6 million in 2025 frame the typical range for Inventory.
- The sharpest annual moves came in 2023 and 2025: Inventory sank 60.6% in 2023, then jumped 83.98% in 2025.
- A 5-year view of Inventory shows it stood at $3.4 million in 2022, then slumped by 60.6% to $1.3 million in 2023, then declined by 2.89% to $1.3 million in 2024, then soared by 58.27% to $2.1 million in 2025, then slipped by 16.67% to $1.7 million in 2026.
- Business Quant data shows SMXT's Inventory at $1.7 million in Q1 2026, $2.1 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 290.70 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 596.82 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 490.39 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 158.99 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 167.97 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.57 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 24.81 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 1.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | 2.06 Mn |
| Sep 30, 2025 | 1.61 Mn |
| Jun 30, 2025 | 1.59 Mn |
| Mar 31, 2025 | 2.30 Mn |
| Dec 31, 2024 | 1.30 Mn |
| Sep 30, 2024 | 1.52 Mn |
| Jun 30, 2024 | 1.56 Mn |
| Mar 31, 2024 | 1.25 Mn |
| Dec 31, 2023 | 1.34 Mn |
| Dec 31, 2022 | 3.40 Mn |