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| 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 | 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 |