SolarMax Technology (SMXT) Invested Capital (2022 - 2026)
SolarMax Technology (SMXT) reported Invested Capital of $13.1 million for Q1 2026, up 254.33% year-over-year from $3.7 million in Q1 2025, and down 2.22% quarter-over-quarter from $13.4 million in Q4 2025.
SolarMax Technology (SMXT) Invested Capital (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Invested Capital data on file, last reported at $13.1 million in Q1 2026.
- Invested Capital for Q1 2026 came in at $13.1 million, up 254.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.1 million (up 254.33% YoY), and the FY2025 annual result was $13.4 million, up 210.35% from the prior year.
- Invested Capital declined to $13.1 million in Q1 2026 per SMXT's latest filing, from $13.4 million in the prior quarter.
- Over five years, Invested Capital peaked at $13.4 million in Q4 2025 and troughed at -$17.7 million in Q2 2023.
- A 5-year average of -$4.8 million and a median of -$8.1 million in 2025 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2025 and 2026: Invested Capital slumped 9113.32% in 2025, then soared 254.33% in 2026.
- A 5-year view of Invested Capital shows it stood at -$14.2 million in 2022, then rose by 2.02% to -$13.9 million in 2023, then rose by 12.3% to -$12.2 million in 2024, then soared by 210.35% to $13.4 million in 2025, then decreased by 2.22% to $13.1 million in 2026.
- Business Quant data shows SMXT's Invested Capital at $13.1 million in Q1 2026, $13.4 million in Q4 2025, and -$6.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 10.21 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 2.33 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.67 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 410.72 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 3.63 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 601.65 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 106.71 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 26.33 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 40.85 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 13.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.14 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Sep 30, 2025 | -6.28 Mn |
| Jun 30, 2025 | -7.75 Mn |
| Mar 31, 2025 | -8.52 Mn |
| Dec 31, 2024 | -12.18 Mn |
| Sep 30, 2024 | 8.96 Mn |
| Jun 30, 2024 | 85,961.00 |
| Mar 31, 2024 | 8.77 Mn |
| Dec 31, 2023 | -13.89 Mn |
| Sep 30, 2023 | -16.30 Mn |
| Jun 30, 2023 | -17.72 Mn |
| Mar 31, 2023 | -15.24 Mn |
| Dec 31, 2022 | -14.17 Mn |