Growth Metrics

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% on a QoQ basis from $13.4 million in Q4 2025.

SolarMax Technology (SMXT) has 5 years of Invested Capital data on file, last reported at $13.1 million in Q1 2026.

  • Quarterly Invested Capital rose 254.33% year-over-year to $13.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.1 million (up 254.33% YoY) and the FY2025 annual result came in at $13.4 million, up 210.35% from the prior year.
  • Invested Capital fell to $13.1 million in Q1 2026 per SMXT's latest filing, from $13.4 million in the prior quarter.
  • Across five years, Invested Capital topped out at $13.4 million in Q4 2025 and bottomed at -$17.7 million in Q2 2023.
  • The 5-year median for Invested Capital is -$8.1 million (2025), against an average of -$4.8 million.
  • The widest annual swing landed in 2025, when Invested Capital plunged 9113.32%; it then jumped 254.33% in 2026.
  • Tracing SMXT's Invested Capital over 5 years: stood at -$14.2 million in 2022, then grew by 2.02% to -$13.9 million in 2023, then grew by 12.3% to -$12.2 million in 2024, then jumped by 210.35% to $13.4 million in 2025, then fell by 2.22% to $13.1 million in 2026.
  • Per Business Quant, the three latest SMXT Invested Capital figures stand at $13.1 million (Q1 2026), $13.4 million (Q4 2025), and -$6.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 10.21 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 2.33 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 9.95 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.67 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 410.72 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 3.63 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 601.65 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 106.71 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 3.94 Bn
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn 13.14 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 13.14 Mn
Dec 31, 2025 -1.71 Mn
Sep 30, 2025 4.72 Mn
Jun 30, 2025 -7.75 Mn
Mar 31, 2025 -12.97 Mn
Dec 31, 2024 -9.72 Mn
Sep 30, 2024 8.96 Mn
Jun 30, 2024 3.54 Mn
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