SolarMax Technology (SMXT) Invested Capital (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Invested Capital came in at $25.7 million in Q1 2026, up 23.49% year-over-year from $20.8 million in Q1 2025, and up 98.94% quarter-over-quarter from $12.9 million in Q4 2025.
Analysis
SolarMax Technology (SMXT) Invested Capital (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Invested Capital for 5 consecutive years, with $25.7 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Invested Capital rose 23.49% year-over-year to $25.7 million in Q1 2026; TTM through Mar 2026 was $25.7 million, a 23.49% increase from a year earlier, with the FY2025 full-year figure at $12.9 million, up 83.55% from the prior year.
- Invested Capital was $25.7 million for Q1 2026 at SolarMax Technology, up from $12.9 million in the prior quarter.
- Over five years, Invested Capital peaked at $30.8 million in Q2 2024 and troughed at $7.0 million in Q4 2024.
- A 5-year average of $19.1 million and a median of $20.7 million in 2025 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital slumped 56.36% in 2023 and surged 83.55% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $25.6 million in 2022, then sank by 56.36% to $11.2 million in 2023, then plunged by 36.78% to $7.0 million in 2024, then surged by 83.55% to $12.9 million in 2025, then surged by 98.94% to $25.7 million in 2026.
- The last three Invested Capital figures came in at $25.7 million (Q1 2026), $12.9 million (Q4 2025), and $20.7 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | 18.92 Bn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | 71.08 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | 25.37 Mn |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | 15.47 Mn |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | 25.74 Mn |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | 24.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 25.74 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Sep 30, 2025 | 20.69 Mn |
| Jun 30, 2025 | 22.33 Mn |
| Mar 31, 2025 | 20.85 Mn |
| Dec 31, 2024 | 7.05 Mn |
| Sep 30, 2024 | 13.96 Mn |
| Jun 30, 2024 | 30.81 Mn |
| Mar 31, 2024 | 18.71 Mn |
| Dec 31, 2023 | 11.15 Mn |
| Dec 31, 2022 | 25.55 Mn |