SolarMax Technology SMXT
NASDAQ SMXT
$2.42 +0.27 (+12.56%)
At close: Sep 10, 2026 · 4:00 PM EDT

SolarMax Technology (SMXT) Total Debt (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Total Debt came in at $37.2 million in Q1 2026, up 1.17% year-over-year from $36.7 million in Q1 2025, and up 47.71% quarter-over-quarter from $25.2 million in Q4 2025.

Analysis

SolarMax Technology (SMXT) Total Debt (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Total Debt for 5 consecutive years, with $37.2 million the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Total Debt rose 1.17% year-over-year to $37.2 million in Q1 2026; TTM through Mar 2026 was $37.2 million, a 1.17% increase from a year earlier, with the FY2025 full-year figure at $25.2 million, up 13.65% from the prior year.
  • Total Debt was $37.2 million for Q1 2026 at SolarMax Technology, up from $25.2 million in the prior quarter.
  • Over five years, Total Debt peaked at $41.8 million in Q4 2022 and troughed at $19.3 million in Q1 2024.
  • A 5-year average of $30.7 million and a median of $32.5 million in 2025 frame the typical range for Total Debt.
  • Across the five-year window, Total Debt plunged 35.25% in 2023 and jumped 90.29% in 2025, its largest moves.
  • Over 5 years, Total Debt stood at $41.8 million in 2022, then sank by 35.25% to $27.0 million in 2023, then fell by 18.16% to $22.1 million in 2024, then climbed by 13.65% to $25.2 million in 2025, then jumped by 47.71% to $37.2 million in 2026.
  • The last three Total Debt figures came in at $37.2 million (Q1 2026), $25.2 million (Q4 2025), and $32.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Sunrun 2.06 Bn 2.06 Bn 527.54 Mn 14.53 Bn
2 SunPower 52.30 Mn 48.20 Mn 24.96 Mn 97.35 Mn
3 SUNation Energy 21.76 Mn 18.70 Mn 2.13 Mn 4.84 Mn
4 SolarMax Technology 10.72 Mn 6.13 Mn 3.05 Mn 37.15 Mn
5 Founder 1.62 Mn -28.27 Mn - 16.56 Mn
6 Zeo Energy 1.57 Mn 16.56 Mn 7.62 Mn 6.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 37.15 Mn
Dec 31, 2025 25.15 Mn
Sep 30, 2025 32.47 Mn
Jun 30, 2025 37.44 Mn
Mar 31, 2025 36.72 Mn
Dec 31, 2024 22.13 Mn
Sep 30, 2024 24.90 Mn
Jun 30, 2024 33.62 Mn
Mar 31, 2024 19.30 Mn
Dec 31, 2023 27.04 Mn
Dec 31, 2022 41.76 Mn