SolarMax Technology SMXT
NASDAQ SMXT
$3.64 -0.12 (-3.06%)
At close: Aug 21, 2026 · 4:00 PM EDT

SolarMax Technology (SMXT) Invested Capital (2022 - 2026)

SolarMax Technology (SMXT) posted quarterly Invested Capital of $18.1 million for Q1 2026, down 13.81% year-over-year from $21.0 million in Q1 2025, and up 229.09% quarter-over-quarter from $5.5 million in Q4 2025.

SolarMax Technology (SMXT) Invested Capital (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Invested Capital for 5 consecutive years, with $18.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Invested Capital fell 13.81% year-over-year to $18.1 million; the TTM figure through Mar 2026 stood at $50.0 million (up 30.08% YoY), while the FY2025 annual figure was $5.5 million, up 2.64% from the prior year.
  • Invested Capital grew to $18.1 million in Q1 2026 per SMXT's latest filing, from $5.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $21.0 million in Q1 2025 and bottomed at $2.0 million in Q4 2023.
  • Historically, Invested Capital has averaged $10.0 million across 5 years, with a median of $9.2 million in 2024.
  • Annual changes were most pronounced in 2023 — Invested Capital tumbled 80.95% — and 2025, when it jumped 620.69%.
  • SolarMax Technology's Invested Capital stood at $10.5 million in 2022, then sank by 80.95% to $2.0 million in 2023, then surged by 167.93% to $5.4 million in 2024, then increased by 2.64% to $5.5 million in 2025, then soared by 229.09% to $18.1 million in 2026.
  • Business Quant data shows SMXT's Invested Capital at $18.1 million in Q1 2026, $5.5 million in Q4 2025, and $5.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 37.64 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn -
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 513.40 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn -
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 2.39 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 10.98 Mn
10 SolarMax Technology 16.01 Mn 11.42 Mn 3.05 Mn 18.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.10 Mn
Dec 31, 2025 5.50 Mn
Sep 30, 2025 5.50 Mn
Jun 30, 2025 20.90 Mn
Mar 31, 2025 21.00 Mn
Dec 31, 2024 5.36 Mn
Sep 30, 2024 9.18 Mn
Jun 30, 2024 2.90 Mn
Mar 31, 2024 9.36 Mn
Dec 31, 2023 2.00 Mn
Dec 31, 2022 10.50 Mn