SolarMax Technology (SMXT) Long-Term Deferred Tax (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Long-Term Deferred Tax of $3.5 million for Q1 2026, up 112.09% year-over-year from $1.6 million in Q1 2025, and up 59.54% quarter-over-quarter from $2.2 million in Q4 2025.
SolarMax Technology (SMXT) Long-Term Deferred Tax (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Long-Term Deferred Tax for 5 consecutive years, with $3.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Long-Term Deferred Tax rose 112.09% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $3.5 million (up 112.09% YoY), while the FY2025 annual figure was $2.2 million, down 87.12% from the prior year.
- Long-Term Deferred Tax climbed to $3.5 million in Q1 2026 per SMXT's latest filing, from $2.2 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $16.8 million in Q4 2024 and bottomed at $73032.0 in Q3 2024.
- Historically, Long-Term Deferred Tax has averaged $3.1 million across 5 years, with a median of $2.1 million in 2025.
- Annual changes were most pronounced in 2023 — Long-Term Deferred Tax soared 4314.38% — and 2025, when it sank 87.12%.
- SolarMax Technology's Long-Term Deferred Tax stood at $107628.0 in 2022, then jumped by 4314.38% to $4.8 million in 2023, then surged by 254.38% to $16.8 million in 2024, then tumbled by 87.12% to $2.2 million in 2025, then surged by 59.54% to $3.5 million in 2026.
- Business Quant data shows SMXT's Long-Term Deferred Tax at $3.5 million in Q1 2026, $2.2 million in Q4 2025, and $2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 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 |
| 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 |
| 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 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.46 Mn |
| Dec 31, 2025 | 2.17 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | 2.13 Mn |
| Mar 31, 2025 | 1.63 Mn |
| Dec 31, 2024 | 16.84 Mn |
| Sep 30, 2024 | 73,032.00 |
| Jun 30, 2024 | 126,881.00 |
| Mar 31, 2024 | 186,503.00 |
| Dec 31, 2023 | 4.75 Mn |
| Dec 31, 2022 | 107,628.00 |