SolarMax Technology SMXT
NASDAQ SMXT
$2.34 +0.19 (+8.84%)
As of: Sep 10, 2026 · 3:22 PM EDT

SolarMax Technology (SMXT) Payables (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Payables came in at $75.0 million in Q1 2026, up 411.5% year-over-year from $14.7 million in Q1 2025, and up 1.08% quarter-over-quarter from $74.2 million in Q4 2025.

Analysis

SolarMax Technology (SMXT) Payables (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Payables for 5 consecutive years, with $75.0 million the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Payables rose 411.5% year-over-year to $75.0 million in Q1 2026; TTM through Mar 2026 was $75.0 million, a 411.5% increase from a year earlier, with the FY2025 full-year figure at $74.2 million, up 496.8% from the prior year.
  • Payables was $75.0 million for Q1 2026 at SolarMax Technology, up from $74.2 million in the prior quarter.
  • Over five years, Payables peaked at $75.0 million in Q1 2026 and troughed at $12.4 million in Q4 2024.
  • A 5-year average of $30.7 million and a median of $22.0 million in 2024 frame the typical range for Payables.
  • Across the five-year window, Payables tumbled 50.58% in 2024 and soared 496.8% in 2025, its largest moves.
  • Over 5 years, Payables stood at $26.2 million in 2022, then dropped by 3.92% to $25.2 million in 2023, then plunged by 50.58% to $12.4 million in 2024, then soared by 496.8% to $74.2 million in 2025, then increased by 1.08% to $75.0 million in 2026.
  • The last three Payables figures came in at $75.0 million (Q1 2026), $74.2 million (Q4 2025), and $37.0 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Sunrun 2.07 Bn 2.07 Bn 527.54 Mn 321.42 Mn
2 SunPower 52.91 Mn 48.81 Mn 24.96 Mn 37.60 Mn
3 SUNation Energy 22.08 Mn 19.02 Mn 2.13 Mn 6.76 Mn
4 SolarMax Technology 10.96 Mn 6.37 Mn 3.05 Mn 75.02 Mn
5 Founder 1.65 Mn -28.24 Mn - 16.76 Mn
6 Zeo Energy 1.57 Mn 16.56 Mn 7.62 Mn 4.72 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 75.02 Mn
Dec 31, 2025 74.22 Mn
Sep 30, 2025 37.04 Mn
Jun 30, 2025 15.45 Mn
Mar 31, 2025 14.67 Mn
Dec 31, 2024 12.44 Mn
Sep 30, 2024 13.50 Mn
Jun 30, 2024 22.01 Mn
Mar 31, 2024 21.53 Mn
Dec 31, 2023 25.16 Mn
Dec 31, 2022 26.19 Mn