Growth Metrics

SolarMax Technology (SMXT) Non-Current Receivables (2022 - 2026)

SolarMax Technology (SMXT) reported Non-Current Receivables of $2.0 million for Q1 2026, down 27.37% year-over-year from $2.8 million in Q1 2025, and down 9.89% on a QoQ basis from $2.3 million in Q4 2025.

SolarMax Technology (SMXT) has 5 years of Non-Current Receivables data on file, last reported at $2.0 million in Q1 2026.

  • Quarterly Non-Current Receivables fell 27.37% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 million (down 27.37% YoY) and the FY2025 annual result came in at $2.3 million, down 26.65% from the prior year.
  • Non-Current Receivables retreated to $2.0 million in Q1 2026 per SMXT's latest filing, from $2.3 million in the prior quarter.
  • Across five years, Non-Current Receivables topped out at $6.8 million in Q4 2022 and bottomed at $2.0 million in Q1 2026.
  • The 5-year median for Non-Current Receivables is $3.1 million (2024), against an average of $3.5 million.
  • Peak annual rise in Non-Current Receivables reached 26.65% in 2025, while the deepest fall reached 37.01% in 2025.
  • Tracing SMXT's Non-Current Receivables over 5 years: stood at $6.8 million in 2022, then sank by 36.83% to $4.3 million in 2023, then fell by 28.84% to $3.1 million in 2024, then dropped by 26.65% to $2.3 million in 2025, then retreated by 9.89% to $2.0 million in 2026.
  • Per Business Quant, the three latest SMXT Non-Current Receivables figures stand at $2.0 million (Q1 2026), $2.3 million (Q4 2025), and $2.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 537.58 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 76.85 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 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 2.03 Mn

Historic Data

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DateValue
Mar 31, 2026 2.03 Mn
Dec 31, 2025 2.26 Mn
Sep 30, 2025 2.54 Mn
Jun 30, 2025 2.59 Mn
Mar 31, 2025 2.80 Mn
Dec 31, 2024 3.08 Mn
Sep 30, 2024 3.49 Mn
Jun 30, 2024 3.77 Mn
Mar 31, 2024 4.44 Mn
Dec 31, 2023 4.32 Mn
Dec 31, 2022 6.84 Mn