SolarMax Technology (SMXT) Receivables (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Receivables came in at $13.2 million in Q1 2026, up 126.79% year-on-year from $5.8 million in Q1 2025, and down 77.59% on a QoQ basis from $59.0 million in Q4 2025.
SolarMax Technology (SMXT) Receivables (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Receivables data on file, last reported at $13.2 million in Q1 2026.
- On a quarterly basis, Receivables rose 126.79% year-over-year to $13.2 million in Q1 2026; TTM through Mar 2026 was $13.2 million, a 126.79% increase from a year earlier, with the FY2025 full-year figure at $59.0 million, up 768.34% from the prior year.
- Receivables for Q1 2026 stood at $13.2 million, down from $59.0 million in the prior quarter.
- Over the last five years, Receivables for SMXT reached as high as $59.0 million in Q4 2025 and fell as low as $43085.0 in Q1 2023.
- Historically, Receivables has averaged $10.8 million across 5 years, with a median of $5.9 million in 2022.
- On a YoY basis, Receivables climbed as much as 9817.51% in 2024 and fell as far as 39.13% in 2024.
- Year by year, Receivables stood at $5.9 million in 2022, then surged by 89.77% to $11.2 million in 2023, then tumbled by 39.13% to $6.8 million in 2024, then jumped by 768.34% to $59.0 million in 2025, then tumbled by 77.59% to $13.2 million in 2026.
- Per Business Quant data, the three most recent Receivables figures were $13.2 million in Q1 2026, $59.0 million in Q4 2025, and $14.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 232.24 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.99 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 280.70 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 1.28 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 194.45 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.06 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 402.83 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | 13.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.23 Mn |
| Dec 31, 2025 | 59.05 Mn |
| Sep 30, 2025 | 14.58 Mn |
| Jun 30, 2025 | 3.66 Mn |
| Mar 31, 2025 | 5.84 Mn |
| Dec 31, 2024 | 6.80 Mn |
| Sep 30, 2024 | 898,533.00 |
| Jun 30, 2024 | 4.25 Mn |
| Mar 31, 2024 | 4.27 Mn |
| Dec 31, 2023 | 11.17 Mn |
| Mar 31, 2023 | 43,085.00 |
| Dec 31, 2022 | 5.89 Mn |