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% quarter-over-quarter 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 $2.6 million in Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $2.6 million, up 784.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 million (up 177.95% YoY), and the FY2025 annual result was -$1.6 million, down 8.56% from the prior year.
  • Other Working Capital Changes rose to $2.6 million in Q1 2026 per SMXT's latest filing, from -$408037.0 in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $3.2 million in Q1 2023 and troughed at -$3.3 million in Q2 2023.
  • A 4-year average of -$31388.1 and a median of -$372079.0 in 2024 frame the typical range for Other Working Capital Changes.
  • On a YoY basis, Other Working Capital Changes climbed as much as 43583.58% in 2025 and fell as far as 1388.8% in 2025.
  • A 4-year view of Other Working Capital Changes shows it stood at $990636.0 in 2023, then tumbled by 137.56% to -$372079.0 in 2024, then dropped by 9.66% to -$408037.0 in 2025, then soared by 746.41% to $2.6 million in 2026.
  • Business Quant data shows SMXT's Other Working Capital Changes at $2.6 million in Q1 2026, -$408037.0 in Q4 2025, and -$1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.64 Mn
Mar 31, 2026 2.64 Mn
Dec 31, 2025 -408,037.00
Dec 31, 2025 -408,037.00
Sep 30, 2025 -1.50 Mn
Sep 30, 2025 -1.50 Mn
Jun 30, 2025 720,523.00
Jun 30, 2025 720,523.00
Mar 31, 2025 -385,105.00
Mar 31, 2025 -385,105.00
Dec 31, 2024 -372,079.00
Dec 31, 2024 -372,079.00
Sep 30, 2024 -1.10 Mn
Sep 30, 2024 -1.10 Mn
Jun 30, 2024 -1,657.00
Jun 30, 2024 -1,657.00
Mar 31, 2024 29,881.00
Mar 31, 2024 29,881.00
Dec 31, 2023 990,636.00
Dec 31, 2023 990,636.00