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
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 -213,060.00
Sep 30, 2023 -140,899.00
Jun 30, 2023 491,053.00
Mar 31, 2023 -201,288.00