SolarMax Technology (SMXT) Tax Provisions (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Tax Provisions of -$6321.0 for Q1 2026, up 90.07% year-over-year from -$3325.7 in Q1 2025, and up 98.59% quarter-over-quarter from -$449213.0 in Q4 2025.
SolarMax Technology (SMXT) Tax Provisions (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Tax Provisions for 4 consecutive years, with -$6321.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 90.07% year-over-year to -$6321.0; the TTM figure through Mar 2026 stood at -$1.1 million (down 167.52% YoY), while the FY2025 annual figure was -$1.1 million, down 168.19% from the prior year.
- Tax Provisions rose 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.
- Historically, Tax Provisions has averaged $41764.2 across 4 years, with a median of -$106217.0 in 2025.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 1432.47% — and 2025, when it plunged 1425.43%.
- SolarMax Technology's Tax Provisions stood at -$128866.0 in 2023, then jumped by 1432.47% to $1.7 million in 2024, then plunged by 126.16% to -$449213.0 in 2025, then surged by 98.59% to -$6321.0 in 2026.
- Business Quant data shows SMXT's Tax Provisions at -$6321.0 in Q1 2026, -$449213.0 in Q4 2025, and -$515511.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 36.81 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 33.57 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 25.82 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -3.97 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 2.33 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 4.18 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 7.40 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn | -6,321.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |