SolarMax Technology (SMXT) Total Liabilities (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Total Liabilities came in at $117.6 million in Q1 2026, up 115.92% year-on-year from $54.5 million in Q1 2025, and up 13.63% on a QoQ basis from $103.5 million in Q4 2025.
SolarMax Technology (SMXT) Total Liabilities (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Total Liabilities data on file, last reported at $117.6 million in Q1 2026.
- On a quarterly basis, Total Liabilities rose 115.92% year-over-year to $117.6 million in Q1 2026; TTM through Mar 2026 was $117.6 million, a 115.92% increase from a year earlier, with the FY2025 full-year figure at $103.5 million, up 92.7% from the prior year.
- Total Liabilities for Q1 2026 stood at $117.6 million, up from $103.5 million in the prior quarter.
- Over the last five years, Total Liabilities for SMXT reached as high as $117.6 million in Q1 2026 and fell as low as $53.4 million in Q2 2025.
- Historically, Total Liabilities has averaged $69.0 million across 5 years, with a median of $55.3 million in 2024.
- Across the five-year window, Total Liabilities fell 16.92% in 2023 and jumped 115.92% in 2026, its largest moves.
- Year by year, Total Liabilities stood at $77.7 million in 2022, then decreased by 16.92% to $64.5 million in 2023, then fell by 16.79% to $53.7 million in 2024, then jumped by 92.7% to $103.5 million in 2025, then advanced by 13.63% to $117.6 million in 2026.
- Per Business Quant data, the three most recent Total Liabilities figures were $117.6 million in Q1 2026, $103.5 million in Q4 2025, and $70.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 3.47 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 1.74 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 1.62 Bn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 13.82 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 2.26 Bn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 17.81 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 429.25 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 10.90 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.21 Bn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | 117.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 117.60 Mn |
| Dec 31, 2025 | 103.50 Mn |
| Sep 30, 2025 | 70.44 Mn |
| Jun 30, 2025 | 53.35 Mn |
| Mar 31, 2025 | 54.47 Mn |
| Dec 31, 2024 | 53.71 Mn |
| Sep 30, 2024 | 53.98 Mn |
| Jun 30, 2024 | 53.91 Mn |
| Mar 31, 2024 | 55.28 Mn |
| Dec 31, 2023 | 64.54 Mn |
| Dec 31, 2022 | 77.69 Mn |