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
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 |
| 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 |