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
DateValue
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