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

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

  • Receivables - Net for Q1 2026 came in at $12.3 million, up 186.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $12.3 million (up 186.83% YoY), and the FY2025 annual result was $12.9 million, up 205.79% from the prior year.
  • Receivables - Net slipped to $12.3 million in Q1 2026 per SMXT's latest filing, from $12.9 million in the prior quarter.
  • Over five years, Receivables - Net peaked at $13.4 million in Q3 2025 and troughed at $4286.0 in Q1 2024.
  • A 5-year average of $5.4 million and a median of $4.3 million in 2024 frame the typical range for Receivables - Net.
  • The sharpest annual moves came in 2024 and 2025: Receivables - Net slumped 90.05% in 2024, then jumped 99816.8% in 2025.
  • A 5-year view of Receivables - Net shows it stood at $1.2 million in 2022, then soared by 524.45% to $7.4 million in 2023, then plunged by 42.82% to $4.2 million in 2024, then jumped by 205.79% to $12.9 million in 2025, then decreased 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 SolarMax Technology 21.92 Mn 17.61 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 4.59 Mn
Sep 30, 2024 4.59 Mn
Jun 30, 2024 424,917.00
Jun 30, 2024 424,917.00
Mar 31, 2024 4,286.00
Mar 31, 2024 4,286.00
Dec 31, 2023 7.40 Mn
Dec 31, 2023 7.40 Mn