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
DateValue
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