SolarMax Technology (SMXT) Net Cash Flow (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Net Cash Flow came in at -$3.6 million in Q1 2026, down 2679.95% year-on-year from $141336.3 in Q1 2025, and down 255.28% on a QoQ basis from $2.3 million in Q4 2025.
SolarMax Technology (SMXT) Net Cash Flow (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Net Cash Flow data on file, last reported at -$3.6 million in Q1 2026.
- On a quarterly basis, Net Cash Flow fell 2679.95% year-over-year to -$3.6 million in Q1 2026; TTM through Mar 2026 was $4.0 million, a 189.12% increase from a year earlier, with the FY2025 full-year figure at $7.5 million, up 450.32% from the prior year.
- Net Cash Flow for Q1 2026 stood at -$3.6 million, down from $2.3 million in the prior quarter.
- Over the last five years, Net Cash Flow for SMXT reached as high as $4.4 million in Q1 2023 and fell as low as -$5.2 million in Q2 2023.
- Historically, Net Cash Flow has averaged $35755.4 across 4 years, with a median of -$131168.0 in 2025.
- Across the five-year window, Net Cash Flow soared 2285.17% in 2025 and tumbled 2679.95% in 2026, its largest moves.
- Year by year, Net Cash Flow stood at -$863619.0 in 2023, then soared by 44.23% to -$481674.0 in 2024, then jumped by 587.53% to $2.3 million in 2025, then sank by 255.28% to -$3.6 million in 2026.
- Per Business Quant data, the three most recent Net Cash Flow figures were -$3.6 million in Q1 2026, $2.3 million in Q4 2025, and $3.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -435.62 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 28.07 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 5.98 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -341.77 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -44.54 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | -3.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.65 Mn |
| Mar 31, 2026 | -3.65 Mn |
| Dec 31, 2025 | 2.35 Mn |
| Dec 31, 2025 | 2.35 Mn |
| Sep 30, 2025 | 3.83 Mn |
| Sep 30, 2025 | 3.83 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Mar 31, 2025 | -131,168.00 |
| Mar 31, 2025 | -131,168.00 |
| Dec 31, 2024 | -481,674.00 |
| Dec 31, 2024 | -481,674.00 |
| Sep 30, 2024 | -175,122.00 |
| Sep 30, 2024 | -175,122.00 |
| Jun 30, 2024 | -3.67 Mn |
| Jun 30, 2024 | -3.67 Mn |
| Mar 31, 2024 | 2.19 Mn |
| Mar 31, 2024 | 2.19 Mn |
| Dec 31, 2023 | -863,619.00 |
| Dec 31, 2023 | -863,619.00 |