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| Date | Value |
|---|---|
| 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 |