SolarMax Technology (SMXT) Other Working Capital Changes (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Other Working Capital Changes came in at -$240336.0 in Q1 2026, up 37.07% year-on-year from -$175340.9 in Q1 2025, and up 41.1% on a QoQ basis from -$408037.0 in Q4 2025.
SolarMax Technology (SMXT) Other Working Capital Changes (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Other Working Capital Changes data on file, last reported at -$240336.0 in Q1 2026.
- On a quarterly basis, Other Working Capital Changes rose 37.07% year-over-year to -$240336.0 in Q1 2026; TTM through Mar 2026 was -$1.4 million, a 2.44% increase from a year earlier, with the FY2025 full-year figure at -$1.6 million, down 8.56% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at -$240336.0, up from -$408037.0 in the prior quarter.
- Over the last five years, Other Working Capital Changes for SMXT reached as high as $3.4 million in Q2 2023 and fell as low as -$3.7 million in Q4 2023.
- Historically, Other Working Capital Changes has averaged $164738.7 across 4 years, with a median of -$4130.0 in 2024.
- On a YoY basis, Other Working Capital Changes climbed as much as 94.1% in 2024 and fell as far as 147.75% in 2024.
- Year by year, Other Working Capital Changes stood at -$354355.0 in 2023, then retreated by 5.0% to -$372079.0 in 2024, then retreated by 9.66% to -$408037.0 in 2025, then jumped by 41.1% to -$240336.0 in 2026.
- Per Business Quant data, the three most recent Other Working Capital Changes figures were -$240336.0 in Q1 2026, -$408037.0 in Q4 2025, and -$393497.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 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 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.64 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Jun 30, 2025 | 720,523.00 |
| Jun 30, 2025 | 720,523.00 |
| Jun 30, 2025 | 720,523.00 |
| Mar 31, 2025 | -385,105.00 |
| Mar 31, 2025 | -385,105.00 |
| Mar 31, 2025 | -385,105.00 |
| Dec 31, 2024 | -249,839.00 |
| Dec 31, 2024 | -249,839.00 |
| Dec 31, 2024 | -249,839.00 |
| Sep 30, 2024 | -4,130.00 |
| Sep 30, 2024 | -4,130.00 |
| Sep 30, 2024 | -4,130.00 |
| Jun 30, 2024 | -948,757.00 |
| Jun 30, 2024 | -948,757.00 |
| Jun 30, 2024 | -948,757.00 |
| Mar 31, 2024 | 69,131.00 |
| Mar 31, 2024 | 69,131.00 |