SolarMax Technology (SMXT) Inventory (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Inventory for 5 consecutive years, with $1.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory fell 25.21% year-over-year to $1.7 million; the TTM figure through Mar 2026 stood at $1.7 million (down 25.21% YoY), while the FY2025 annual figure was $2.1 million, up 58.27% from the prior year.
- Inventory retreated 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.
- Historically, Inventory has averaged $1.8 million across 5 years, with a median of $1.6 million in 2025.
- Annual changes were most pronounced in 2023 — Inventory sank 60.6% — and 2025, when it jumped 83.98%.
- SolarMax Technology's Inventory stood at $3.4 million in 2022, then tumbled by 60.6% to $1.3 million in 2023, then fell by 2.89% to $1.3 million in 2024, then jumped by 58.27% to $2.1 million in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.09 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 261.63 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 285.02 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 649.85 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 599.82 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 184.72 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.13 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.57 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 156.47 Mn |
| 10 | SolarMax Technology | 16.52 Mn | 11.93 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 |