SolarMax Technology (SMXT) Tax Provisions (2023 - 2026)
SolarMax Technology (SMXT) reported Tax Provisions of -$6321.0 for Q1 2026, up 90.07% year-over-year from -$3325.7 in Q1 2025, and up 98.59% on a QoQ basis from -$449213.0 in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Tax Provisions data on file, last reported at -$6321.0 in Q1 2026.
- Quarterly Tax Provisions rose 90.07% year-over-year to -$6321.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.1 million (down 167.52% YoY) and the FY2025 annual result came in at -$1.1 million, down 168.19% from the prior year.
- Tax Provisions climbed to -$6321.0 in Q1 2026 per SMXT's latest filing, from -$449213.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $1.7 million in Q4 2024 and bottomed at -$515511.0 in Q3 2025.
- The 4-year median for Tax Provisions is -$106217.0 (2025), against an average of $35287.7.
- The widest annual swing landed in 2024, when Tax Provisions jumped 905.92%; it then slumped 1425.43% in 2025.
- Tracing SMXT's Tax Provisions over 4 years: stood at -$213060.0 in 2023, then jumped by 905.92% to $1.7 million in 2024, then sank by 126.16% to -$449213.0 in 2025, then surged by 98.59% to -$6321.0 in 2026.
- Per Business Quant, the three latest SMXT Tax Provisions figures stand at -$6321.0 (Q1 2026), -$449213.0 (Q4 2025), and -$515511.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 4.18 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -6.45 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 1.29 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -89,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.10 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 54.98 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | -6,321.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6,321.00 |
| Dec 31, 2025 | 951,168.00 |
| 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 |