SolarMax Technology (SMXT) Other Working Capital Changes (2023 - 2026)
SolarMax Technology (SMXT) reported Other Working Capital Changes of $2.6 million for Q1 2026, up 784.9% year-over-year from $298065.8 in Q1 2025, and up 746.41% on a QoQ basis from -$408037.0 in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Other Working Capital Changes data on file, last reported at $2.6 million in Q1 2026.
- Quarterly Other Working Capital Changes rose 784.9% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 million (up 177.95% YoY) and the FY2025 annual result came in at -$1.6 million, down 8.56% from the prior year.
- Other Working Capital Changes grew to $2.6 million in Q1 2026 per SMXT's latest filing, from -$408037.0 in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $3.2 million in Q1 2023 and bottomed at -$3.3 million in Q2 2023.
- The 4-year median for Other Working Capital Changes is -$372079.0 (2024), against an average of -$31388.1.
- Peak annual rise in Other Working Capital Changes reached 43583.58% in 2025, while the deepest fall reached 1388.8% in 2025.
- Tracing SMXT's Other Working Capital Changes over 4 years: stood at $990636.0 in 2023, then sank by 137.56% to -$372079.0 in 2024, then decreased by 9.66% to -$408037.0 in 2025, then jumped by 746.41% to $2.6 million in 2026.
- Per Business Quant, the three latest SMXT Other Working Capital Changes figures stand at $2.6 million (Q1 2026), -$408037.0 (Q4 2025), and -$1.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.64 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Dec 31, 2025 | -1.47 Mn |
| Dec 31, 2025 | -1.47 Mn |
| Sep 30, 2025 | -438,327.00 |
| Sep 30, 2025 | -438,327.00 |
| Jun 30, 2025 | 346,553.00 |
| Jun 30, 2025 | 346,553.00 |
| Mar 31, 2025 | -11,135.00 |
| Mar 31, 2025 | -11,135.00 |
| Dec 31, 2024 | -1.09 Mn |
| Dec 31, 2024 | -1.09 Mn |
| Sep 30, 2024 | 835,883.00 |
| Sep 30, 2024 | 835,883.00 |
| Jun 30, 2024 | -515,761.00 |
| Jun 30, 2024 | -515,761.00 |
| Mar 31, 2024 | -363,865.00 |
| Mar 31, 2024 | -363,865.00 |
| Dec 31, 2023 | 1.43 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Sep 30, 2023 | 649,443.00 |
| Sep 30, 2023 | 649,443.00 |
| Jun 30, 2023 | -3.90 Mn |
| Jun 30, 2023 | -3.90 Mn |
| Mar 31, 2023 | 3.22 Mn |
| Mar 31, 2023 | 3.22 Mn |