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
DateValue
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