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
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