SolarMax Technology (SMXT) Receivables - Net (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Receivables - Net came in at $12.3 million in Q1 2026, up 186.83% year-on-year from $4.3 million in Q1 2025, and down 5.07% on a QoQ basis from $12.9 million in Q4 2025.

SolarMax Technology (SMXT) Receivables - Net (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 5 years of Receivables - Net data on file, last reported at $12.3 million in Q1 2026.

  • On a quarterly basis, Receivables - Net rose 186.83% year-over-year to $12.3 million in Q1 2026; TTM through Mar 2026 was $12.3 million, a 186.83% increase from a year earlier, with the FY2025 full-year figure at $12.9 million, up 87.53% from the prior year.
  • Receivables - Net for Q1 2026 stood at $12.3 million, down from $12.9 million in the prior quarter.
  • Over the last five years, Receivables - Net for SMXT reached as high as $13.4 million in Q3 2025 and fell as low as $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.
  • Year by year, Receivables - Net stood at $1.2 million in 2022, then soared by 524.45% to $7.4 million in 2023, then sank by 42.82% to $4.2 million in 2024, then jumped by 205.79% to $12.9 million in 2025, then declined by 5.07% to $12.3 million in 2026.
  • Per Business Quant data, the three most recent Receivables - Net figures were $12.3 million in Q1 2026, $12.9 million in Q4 2025, and $13.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn

Historic Data

Download Data
DateValue
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