SolarMax Technology (SMXT) Payables (2022 - 2026)

SolarMax Technology (SMXT) reported Payables of $75.0 million for Q1 2026, up 513.9% year-over-year from $12.2 million in Q1 2025, and up 1.08% quarter-over-quarter from $74.2 million in Q4 2025.

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

SolarMax Technology (SMXT) has 5 years of Payables data on file, last reported at $75.0 million in Q1 2026.

  • Payables for Q1 2026 came in at $75.0 million, up 513.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.0 million (up 513.9% YoY), and the FY2025 annual result was $74.2 million, up 233.64% from the prior year.
  • Payables rose to $75.0 million in Q1 2026 per SMXT's latest filing, from $74.2 million in the prior quarter.
  • Over five years, Payables peaked at $75.0 million in Q1 2026 and troughed at $250492.0 in Q3 2024.
  • A 5-year average of $29.8 million and a median of $22.2 million in 2024 frame the typical range for Payables.
  • The sharpest annual moves came in 2023 and 2025: Payables tumbled 53.93% in 2023, then soared 14685.59% in 2025.
  • A 5-year view of Payables shows it stood at $26.2 million in 2022, then tumbled by 53.93% to $12.1 million in 2023, then surged by 84.38% to $22.2 million in 2024, then soared by 233.64% to $74.2 million in 2025, then rose by 1.08% to $75.0 million in 2026.
  • Business Quant data shows SMXT's Payables at $75.0 million in Q1 2026, $74.2 million in Q4 2025, and $37.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 306.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 113.46 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 404.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 343.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 80.43 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 142.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 3.45 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.09 Mn
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn 75.02 Mn

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 24.89 Mn
Mar 31, 2025 12.22 Mn
Dec 31, 2024 22.24 Mn
Sep 30, 2024 250,492.00
Jun 30, 2024 22.01 Mn
Mar 31, 2024 21.53 Mn
Dec 31, 2023 12.06 Mn
Dec 31, 2022 26.19 Mn