SolarMax Technology (SMXT) Short term Debt (2022 - 2026)

SolarMax Technology (SMXT) reported Short term Debt of $18.1 million for Q1 2026, up 145.97% year-over-year from $7.4 million in Q1 2025, and up 229.09% quarter-over-quarter from $5.5 million in Q4 2025.

SolarMax Technology (SMXT) Short term Debt (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 5 years of Short term Debt data on file, last reported at $18.1 million in Q1 2026.

  • Short term Debt for Q1 2026 came in at $18.1 million, up 145.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.1 million (up 145.97% YoY), and the FY2025 annual result was $5.5 million, up 89.66% from the prior year.
  • Short term Debt climbed to $18.1 million in Q1 2026 per SMXT's latest filing, from $5.5 million in the prior quarter.
  • Over five years, Short term Debt peaked at $19.9 million in Q3 2024 and troughed at $2.0 million in Q4 2023.
  • A 5-year average of $7.5 million and a median of $5.5 million in 2025 frame the typical range for Short term Debt.
  • On a YoY basis, Short term Debt climbed as much as 153.75% in 2025 and fell as far as 72.36% in 2025.
  • A 5-year view of Short term Debt shows it stood at $2.0 million in 2022, then fell by 1.65% to $2.0 million in 2023, then soared by 45.0% to $2.9 million in 2024, then soared by 89.66% to $5.5 million in 2025, then surged by 229.09% to $18.1 million in 2026.
  • Business Quant data shows SMXT's Short term Debt at $18.1 million in Q1 2026, $5.5 million in Q4 2025, and $5.5 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 18.10 Mn
Dec 31, 2025 5.50 Mn
Sep 30, 2025 5.50 Mn
Jun 30, 2025 7.36 Mn
Mar 31, 2025 7.36 Mn
Dec 31, 2024 2.90 Mn
Sep 30, 2024 19.90 Mn
Jun 30, 2024 2.90 Mn
Mar 31, 2024 9.36 Mn
Dec 31, 2023 2.00 Mn
Dec 31, 2022 2.03 Mn