SolarMax Technology (SMXT) Receivables (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Receivables of $13.2 million for Q1 2026, up 126.79% year-over-year from $5.8 million in Q1 2025, and up 2.27% quarter-over-quarter from $12.9 million in Q4 2025.
SolarMax Technology (SMXT) Receivables (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Receivables for 5 consecutive years, with $13.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables rose 126.79% year-over-year to $13.2 million; the TTM figure through Mar 2026 stood at $13.2 million (up 126.79% YoY), while the FY2025 annual figure was $59.0 million, up 768.34% from the prior year.
- Receivables grew to $13.2 million in Q1 2026 per SMXT's latest filing, from $12.9 million in the prior quarter.
- Across five years, Receivables topped out at $14.6 million in Q3 2025 and bottomed at $43085.0 in Q1 2023.
- Historically, Receivables has averaged $7.0 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.
- SolarMax Technology's Receivables stood at $5.9 million in 2022, then soared by 89.77% to $11.2 million in 2023, then tumbled by 39.13% to $6.8 million in 2024, then soared by 90.29% to $12.9 million in 2025, then gained by 2.27% to $13.2 million in 2026.
- Business Quant data shows SMXT's Receivables at $13.2 million in Q1 2026, $12.9 million in Q4 2025, and $14.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 1.78 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 1.05 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 308.42 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 1.36 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 271.08 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 157.68 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.06 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 1.99 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 421.64 Mn |
| 10 | SolarMax Technology | 16.52 Mn | 11.93 Mn | 3.05 Mn | 66.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.23 Mn |
| Dec 31, 2025 | 12.94 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 |