SolarMax Technology (SMXT) Receivables - Net (2022 - 2026)
SolarMax Technology (SMXT) reported Receivables - Net of $9.4 million for Q1 2026, up 119.5% year-over-year from $4.3 million in Q1 2025, and down 27.35% on a QoQ basis from $12.9 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Receivables - Net data on file, last reported at $9.4 million in Q1 2026.
- Quarterly Receivables - Net rose 119.5% year-over-year to $9.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.4 million (up 119.5% YoY) and the FY2025 annual result came in at $9.4 million, up 248.15% from the prior year.
- Receivables - Net retreated to $9.4 million in Q1 2026 per SMXT's latest filing, from $12.9 million in the prior quarter.
- Across five years, Receivables - Net topped out at $12.9 million in Q4 2025 and bottomed at $4286.0 in Q1 2024.
- The 5-year median for Receivables - Net is $4.3 million (2024), against an average of $4.8 million.
- The widest annual swing landed in 2024, when Receivables - Net plunged 90.05%; it then surged 99816.8% in 2025.
- Tracing SMXT's Receivables - Net over 5 years: stood at $1.2 million in 2022, then jumped by 524.45% to $7.4 million in 2023, then slumped by 42.82% to $4.2 million in 2024, then surged by 205.79% to $12.9 million in 2025, then slipped by 27.35% to $9.4 million in 2026.
- Per Business Quant, the three latest SMXT Receivables - Net figures stand at $9.4 million (Q1 2026), $12.9 million (Q4 2025), and $9.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.40 Mn |
| Mar 31, 2026 | 9.40 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Sep 30, 2025 | 9.90 Mn |
| Sep 30, 2025 | 9.90 Mn |
| Jun 30, 2025 | 3.45 Mn |
| Jun 30, 2025 | 3.45 Mn |
| Mar 31, 2025 | 4.28 Mn |
| Mar 31, 2025 | 4.28 Mn |
| Dec 31, 2024 | 4.23 Mn |
| Dec 31, 2024 | 4.23 Mn |
| Sep 30, 2024 | 440,140.00 |
| Sep 30, 2024 | 440,140.00 |
| Jun 30, 2024 | 424,917.00 |
| Jun 30, 2024 | 424,917.00 |
| Mar 31, 2024 | 3.98 Mn |
| Mar 31, 2024 | 3.98 Mn |
| Dec 31, 2023 | 7.40 Mn |
| Dec 31, 2023 | 7.40 Mn |
| Mar 31, 2023 | 43,085.00 |
| Mar 31, 2023 | 43,085.00 |
| Dec 31, 2022 | 1.19 Mn |
| Dec 31, 2022 | 1.19 Mn |