SolarMax Technology (SMXT) Receivables (2022 - 2026)
SolarMax Technology (SMXT) reported Receivables of $13.2 million for Q1 2026, up 126.79% year-over-year from $5.8 million in Q1 2025, and down 77.59% quarter-over-quarter 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.
- Receivables for Q1 2026 came in at $13.2 million, up 126.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.2 million (up 126.79% YoY), and the FY2025 annual result was $59.0 million, up 768.34% from the prior year.
- Receivables fell to $13.2 million in Q1 2026 per SMXT's latest filing, from $59.0 million in the prior quarter.
- Over five years, Receivables peaked at $59.0 million in Q4 2025 and troughed at $43085.0 in Q1 2023.
- A 5-year average of $12.0 million and a median of $6.3 million in 2022 frame the typical range for Receivables.
- On a YoY basis, Receivables climbed as much as 10975.69% in 2024 and fell as far as 39.13% in 2024.
- A 5-year view of Receivables shows it stood at $5.9 million in 2022, then surged by 89.77% to $11.2 million in 2023, then slumped by 39.13% to $6.8 million in 2024, then jumped by 768.34% to $59.0 million in 2025, then slumped by 77.59% to $13.2 million in 2026.
- Business Quant data shows SMXT's Receivables at $13.2 million in Q1 2026, $59.0 million in Q4 2025, and $23.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 336.42 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 277.70 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 237.93 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 193.96 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 402.83 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.99 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.17 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 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 | 23.66 Mn |
| Jun 30, 2025 | 3.97 Mn |
| Mar 31, 2025 | 5.84 Mn |
| Dec 31, 2024 | 6.80 Mn |
| Sep 30, 2024 | 8.43 Mn |
| Jun 30, 2024 | 1.09 Mn |
| Mar 31, 2024 | 4.77 Mn |
| Dec 31, 2023 | 11.17 Mn |
| Mar 31, 2023 | 43,085.00 |
| Dec 31, 2022 | 5.89 Mn |