SolarMax Technology (SMXT) Tax Provisions (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Tax Provisions came in at -$6321.0 in Q1 2026, up 90.07% year-on-year from -$3325.7 in Q1 2025, and up 98.59% on a QoQ basis from -$449213.0 in Q4 2025.

SolarMax Technology (SMXT) Tax Provisions (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Tax Provisions data on file, last reported at -$6321.0 in Q1 2026.

  • On a quarterly basis, Tax Provisions rose 90.07% year-over-year to -$6321.0 in Q1 2026; TTM through Mar 2026 was -$1.1 million, a 167.52% decrease from a year earlier, with the FY2025 full-year figure at -$1.1 million, down 168.19% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$6321.0, up from -$449213.0 in the prior quarter.
  • Over the last five years, Tax Provisions for SMXT reached as high as $1.7 million in Q4 2024 and fell as low as -$515511.0 in Q3 2025.
  • Historically, Tax Provisions has averaged $41764.2 across 4 years, with a median of -$106217.0 in 2025.
  • Across the five-year window, Tax Provisions jumped 1432.47% in 2024 and slumped 1425.43% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at -$128866.0 in 2023, then soared by 1432.47% to $1.7 million in 2024, then plunged by 126.16% to -$449213.0 in 2025, then jumped by 98.59% to -$6321.0 in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$6321.0 in Q1 2026, -$449213.0 in Q4 2025, and -$515511.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 7.72 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 9.03 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -6.50 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 54.98 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 1.29 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 7.07 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -89,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 4.18 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 2.13 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn -6,321.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -6,321.00
Dec 31, 2025 -449,213.00
Sep 30, 2025 -515,511.00
Jun 30, 2025 -106,217.00
Mar 31, 2025 -63,634.00
Dec 31, 2024 1.72 Mn
Sep 30, 2024 56,811.00
Jun 30, 2024 -114,884.00
Mar 31, 2024 4,801.00
Dec 31, 2023 -128,866.00
Sep 30, 2023 -140,899.00
Jun 30, 2023 491,053.00
Mar 31, 2023 -201,288.00