Growth Metrics

SolarMax Technology (SMXT) Receivables (2022 - 2026)

SolarMax Technology (SMXT) reported Receivables of $10.4 million for Q1 2026, up 77.38% year-over-year from $5.8 million in Q1 2025, and down 82.47% on a QoQ basis from $59.0 million in Q4 2025.

SolarMax Technology (SMXT) has 5 years of Receivables data on file, last reported at $10.4 million in Q1 2026.

  • Quarterly Receivables rose 77.38% year-over-year to $10.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.4 million (up 77.38% YoY) and the FY2025 annual result came in at $55.5 million, up 716.29% from the prior year.
  • Receivables fell to $10.4 million in Q1 2026 per SMXT's latest filing, from $59.0 million in the prior quarter.
  • Across five years, Receivables topped out at $59.0 million in Q4 2025 and bottomed at $43085.0 in Q1 2023.
  • The 5-year median for Receivables is $6.3 million (2022), against an average of $11.5 million.
  • Peak annual rise in Receivables reached 10975.69% in 2024, while the deepest fall reached 39.13% in 2024.
  • Tracing SMXT's Receivables over 5 years: stood at $5.9 million in 2022, then soared by 89.77% to $11.2 million in 2023, then plunged by 39.13% to $6.8 million in 2024, then surged by 768.34% to $59.0 million in 2025, then sank by 82.47% to $10.4 million in 2026.
  • Per Business Quant, the three latest SMXT Receivables figures stand at $10.4 million (Q1 2026), $59.0 million (Q4 2025), and $20.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 1.67 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 950.30 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.06 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 336.42 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 277.70 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 1.28 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 193.96 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 402.83 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.99 Bn
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn 10.35 Mn

Historic Data

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DateValue
Mar 31, 2026 10.35 Mn
Dec 31, 2025 59.05 Mn
Sep 30, 2025 20.17 Mn
Jun 30, 2025 3.97 Mn
Mar 31, 2025 5.04 Mn
Dec 31, 2024 6.80 Mn
Sep 30, 2024 4.27 Mn
Jun 30, 2024 1.09 Mn
Mar 31, 2024 4.27 Mn
Dec 31, 2023 7.95 Mn
Mar 31, 2023 43,085.00
Dec 31, 2022 5.89 Mn