Growth Metrics

SolarMax Technology (SMXT) Net Cash Flow (2023 - 2026)

SolarMax Technology (SMXT) reported Net Cash Flow of -$3.6 million for Q1 2026, down 2679.95% year-over-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) has 4 years of Net Cash Flow data on file, last reported at -$3.6 million in Q1 2026.

  • Quarterly Net Cash Flow fell 2679.95% year-over-year to -$3.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 million (up 189.12% YoY) and the FY2025 annual result came in at $7.5 million, up 450.32% from the prior year.
  • Net Cash Flow slipped to -$3.6 million in Q1 2026 per SMXT's latest filing, from $2.3 million in the prior quarter.
  • Across five years, Net Cash Flow topped out at $4.4 million in Q1 2023 and bottomed at -$5.2 million in Q2 2023.
  • The 4-year median for Net Cash Flow is -$131168.0 (2025), against an average of $35755.4.
  • The widest annual swing landed in 2025, when Net Cash Flow soared 2285.17%; it then tumbled 2679.95% in 2026.
  • Tracing SMXT's Net Cash Flow over 4 years: stood at -$863619.0 in 2023, then jumped by 44.23% to -$481674.0 in 2024, then surged by 587.53% to $2.3 million in 2025, then slumped by 255.28% to -$3.6 million in 2026.
  • Per Business Quant, the three latest SMXT Net Cash Flow figures stand at -$3.6 million (Q1 2026), $2.3 million (Q4 2025), and $3.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -435.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 142.35 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -341.77 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 28.07 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 5.98 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -147.72 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -5.44 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -44.54 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn -3.65 Mn

Historic Data

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DateValue
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
Sep 30, 2023 376,232.00
Sep 30, 2023 376,232.00
Jun 30, 2023 -5.17 Mn
Jun 30, 2023 -5.17 Mn
Mar 31, 2023 4.42 Mn
Mar 31, 2023 4.42 Mn