SolarMax Technology (SMXT) Notes Payables (2022 - 2026)
SolarMax Technology's Notes Payables was $14.15 million in Q2 2026, up 22.7% from $11.54 million a year earlier and up 0.7% from the prior quarter.
SolarMax Technology (SMXT) Notes Payables (2022 - 2026) Analysis & Trends
At the end of FY2025, Notes Payables at SolarMax Technology came in at $14.65 million, up 49.9% from FY2024.
- Notes Payables has now increased for three consecutive years, with a three-year compound annual growth rate of 32.5% (FY2022 to FY2025).
- In earlier years, Notes Payables was $9.77 million in FY2024 (+12.6%), $8.68 million in FY2023 (+37.8%) and $6.3 million in FY2022.
- Quarterly Notes Payables has moved between $6.3 million (Q4 2022) and $14.65 million (Q4 2025) over five years.
- Compared with a year earlier, Notes Payables has increased for three straight quarters, with growth averaging 29.0% over the last six quarters.
- Per Business Quant data, SMXT's Notes Payables in the three quarters before Q2 2026 was $14.05 million (Q1 2026), $14.65 million (Q4 2025) and $10.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn |
| 10 | SolarMax Technology | 21.86 Mn | 1.71 Mn | 2.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.15 Mn |
| Mar 31, 2026 | 14.05 Mn |
| Dec 31, 2025 | 14.65 Mn |
| Sep 30, 2025 | 10.97 Mn |
| Jun 30, 2025 | 11.54 Mn |
| Mar 31, 2025 | 10.72 Mn |
| Dec 31, 2024 | 9.77 Mn |
| Jun 30, 2024 | 8.68 Mn |
| Mar 31, 2024 | 8.58 Mn |
| Dec 31, 2023 | 8.68 Mn |
| Dec 31, 2022 | 6.30 Mn |
SolarMax Technology Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=SMXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();