Growth Metrics

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

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DateValue
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