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| 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 |