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% on a QoQ basis from $2.1 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Inventory data on file, last reported at $1.7 million in Q1 2026.
- Quarterly Inventory fell 25.21% year-over-year to $1.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.7 million (down 25.21% YoY) and the FY2025 annual result came in at $2.1 million, up 58.27% from the prior year.
- Inventory declined to $1.7 million in Q1 2026 per SMXT's latest filing, from $2.1 million in the prior quarter.
- Across five years, Inventory topped out at $3.4 million in Q4 2022 and bottomed at $1.2 million in Q1 2024.
- The 5-year median for Inventory is $1.6 million (2025), against an average of $1.8 million.
- The widest annual swing landed in 2023, when Inventory tumbled 60.6%; it then surged 83.98% in 2025.
- Tracing SMXT's Inventory over 5 years: stood at $3.4 million in 2022, then plunged by 60.6% to $1.3 million in 2023, then slipped by 2.89% to $1.3 million in 2024, then jumped by 58.27% to $2.1 million in 2025, then retreated by 16.67% to $1.7 million in 2026.
- Per Business Quant, the three latest SMXT Inventory figures stand at $1.7 million (Q1 2026), $2.1 million (Q4 2025), and $1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.13 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 290.70 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 596.82 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 490.39 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 158.99 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 167.97 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.57 Bn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |