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% on a QoQ basis from $74.2 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Payables data on file, last reported at $75.0 million in Q1 2026.
- Quarterly Payables rose 513.9% year-over-year to $75.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.0 million (up 513.9% YoY) and the FY2025 annual result came in at $74.2 million, up 233.64% from the prior year.
- Payables grew to $75.0 million in Q1 2026 per SMXT's latest filing, from $74.2 million in the prior quarter.
- Across five years, Payables topped out at $75.0 million in Q1 2026 and bottomed at $250492.0 in Q3 2024.
- The 5-year median for Payables is $22.2 million (2024), against an average of $29.8 million.
- The widest annual swing landed in 2023, when Payables sank 53.93%; it then jumped 14685.59% in 2025.
- Tracing SMXT's Payables over 5 years: stood at $26.2 million in 2022, then sank by 53.93% to $12.1 million in 2023, then soared by 84.38% to $22.2 million in 2024, then jumped by 233.64% to $74.2 million in 2025, then grew by 1.08% to $75.0 million in 2026.
- Per Business Quant, the three latest SMXT Payables figures stand at $75.0 million (Q1 2026), $74.2 million (Q4 2025), and $37.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 3.17 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 113.46 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 142.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 3.45 Bn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 75.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.02 Mn |
| Dec 31, 2025 | 74.22 Mn |
| Sep 30, 2025 | 24.25 Mn |
| Jun 30, 2025 | 15.45 Mn |
| Mar 31, 2025 | 14.67 Mn |
| Dec 31, 2024 | 22.24 Mn |
| Sep 30, 2024 | 250,492.00 |
| Jun 30, 2024 | 22.01 Mn |
| Mar 31, 2024 | 10.62 Mn |
| Dec 31, 2023 | 12.06 Mn |
| Dec 31, 2022 | 8.53 Mn |