SolarMax Technology (SMXT) Inventory (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Inventory came in at $1.7 million in Q1 2026, down 25.21% year-on-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) 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.
- On a quarterly basis, Inventory fell 25.21% year-over-year to $1.7 million in Q1 2026; TTM through Mar 2026 was $1.7 million, a 25.21% decrease from a year earlier, with the FY2025 full-year figure at $2.1 million, up 58.27% from the prior year.
- Inventory for Q1 2026 stood at $1.7 million, down from $2.1 million in the prior quarter.
- Over the last five years, Inventory for SMXT reached as high as $3.4 million in Q4 2022 and fell as low as $1.2 million in Q1 2024.
- Historically, Inventory has averaged $1.8 million across 5 years, with a median of $1.6 million in 2025.
- Across the five-year window, Inventory tumbled 60.6% in 2023 and surged 83.98% in 2025, its largest moves.
- Year by year, Inventory stood at $3.4 million in 2022, then tumbled by 60.6% to $1.3 million in 2023, then decreased by 2.89% to $1.3 million in 2024, then soared by 58.27% to $2.1 million in 2025, then fell by 16.67% to $1.7 million in 2026.
- Per Business Quant data, the three most recent Inventory figures were $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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 290.70 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.57 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 596.82 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 490.39 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 158.99 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.13 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 167.97 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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 |