SolarMax Technology (SMXT) Receivables - Net (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Receivables - Net of $12.3 million for Q1 2026, up 186.83% year-over-year from $4.3 million in Q1 2025, and down 5.07% quarter-over-quarter from $12.9 million in Q4 2025.
SolarMax Technology (SMXT) Receivables - Net (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Receivables - Net for 5 consecutive years, with $12.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables - Net rose 186.83% year-over-year to $12.3 million; the TTM figure through Mar 2026 stood at $12.3 million (up 186.83% YoY), while the FY2025 annual figure was $12.9 million, up 87.53% from the prior year.
- Receivables - Net fell to $12.3 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 $13.4 million in Q3 2025 and bottomed at $43085.0 in Q1 2023.
- Historically, Receivables - Net has averaged $5.3 million across 5 years, with a median of $4.1 million in 2024.
- On a YoY basis, Receivables - Net climbed as much as 9138.37% in 2024 and fell as far as 42.82% in 2024.
- SolarMax Technology's Receivables - Net stood at $1.2 million in 2022, then jumped by 524.45% to $7.4 million in 2023, then sank by 42.82% to $4.2 million in 2024, then surged by 205.79% to $12.9 million in 2025, then slipped by 5.07% to $12.3 million in 2026.
- Business Quant data shows SMXT's Receivables - Net at $12.3 million in Q1 2026, $12.9 million in Q4 2025, and $13.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | SolarMax Technology | 16.52 Mn | 11.93 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.28 Mn |
| Mar 31, 2026 | 12.28 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Sep 30, 2025 | 13.39 Mn |
| Sep 30, 2025 | 13.39 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 |