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
DateValue
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