SolarMax Technology (SMXT) Short term Debt (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Short term Debt came in at $18.1 million in Q1 2026, down 13.81% year-over-year from $21.0 million in Q1 2025, and up 229.09% quarter-over-quarter from $5.5 million in Q4 2025.
Analysis
SolarMax Technology (SMXT) Short term Debt (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Short term Debt for 5 consecutive years, with $18.1 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Short term Debt fell 13.81% year-over-year to $18.1 million in Q1 2026; TTM through Mar 2026 was $18.1 million, a 13.81% decrease from a year earlier, with the FY2025 full-year figure at $5.5 million, up 2.64% from the prior year.
- Short term Debt was $18.1 million for Q1 2026 at SolarMax Technology, up from $5.5 million in the prior quarter.
- Over five years, Short term Debt peaked at $21.0 million in Q1 2025 and troughed at $5.4 million in Q4 2024.
- A 5-year average of $14.2 million and a median of $16.5 million in 2025 frame the typical range for Short term Debt.
- Across the five-year window, Short term Debt plunged 52.82% in 2024 and jumped 124.39% in 2025, its largest moves.
- Over 5 years, Short term Debt stood at $10.5 million in 2022, then climbed by 8.18% to $11.4 million in 2023, then tumbled by 52.82% to $5.4 million in 2024, then climbed by 2.64% to $5.5 million in 2025, then jumped by 229.09% to $18.1 million in 2026.
- The last three Short term Debt figures came in at $18.1 million (Q1 2026), $5.5 million (Q4 2025), and $16.5 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 18.10 Mn |
| Dec 31, 2025 | 5.50 Mn |
| Sep 30, 2025 | 16.50 Mn |
| Jun 30, 2025 | 20.90 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 5.36 Mn |
| Sep 30, 2024 | 19.90 Mn |
| Jun 30, 2024 | 17.90 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 11.36 Mn |
| Dec 31, 2022 | 10.50 Mn |