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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |