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
DateValue
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