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| 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 |