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% quarter-over-quarter 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.
- Tax Provisions for Q1 2026 came in at -$6321.0, up 90.07% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.1 million (down 167.52% YoY), and the FY2025 annual result was -$1.1 million, down 168.19% from the prior year.
- Tax Provisions advanced to -$6321.0 in Q1 2026 per SMXT's latest filing, from -$449213.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $1.7 million in Q4 2024 and troughed at -$515511.0 in Q3 2025.
- A 4-year average of $35287.7 and a median of -$106217.0 in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions soared 905.92% in 2024, then plunged 1425.43% in 2025.
- A 4-year view of Tax Provisions shows it stood at -$213060.0 in 2023, then soared by 905.92% to $1.7 million in 2024, then tumbled by 126.16% to -$449213.0 in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 7.72 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 9.03 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -6.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.29 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.10 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 54.98 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -164,000.00 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 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 | -213,060.00 |
| Sep 30, 2023 | -140,899.00 |
| Jun 30, 2023 | 491,053.00 |
| Mar 31, 2023 | -201,288.00 |