SolarMax Technology (SMXT) Total Liabilities (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly Total Liabilities of $117.6 million for Q1 2026, up 115.92% year-over-year from $54.5 million in Q1 2025, and up 13.63% quarter-over-quarter from $103.5 million in Q4 2025.
SolarMax Technology (SMXT) Total Liabilities (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Total Liabilities for 5 consecutive years, with $117.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Liabilities rose 115.92% year-over-year to $117.6 million; the TTM figure through Mar 2026 stood at $117.6 million (up 115.92% YoY), while the FY2025 annual figure was $103.5 million, up 92.7% from the prior year.
- Total Liabilities advanced to $117.6 million in Q1 2026 per SMXT's latest filing, from $103.5 million in the prior quarter.
- Across five years, Total Liabilities topped out at $117.6 million in Q1 2026 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Total Liabilities decreased 16.92% — and 2026, when it soared 115.92%.
- SolarMax Technology's Total Liabilities stood at $77.7 million in 2022, then fell by 16.92% to $64.5 million in 2023, then dropped by 16.79% to $53.7 million in 2024, then surged by 92.7% to $103.5 million in 2025, then rose by 13.63% to $117.6 million in 2026.
- Business Quant data shows SMXT's Total Liabilities at $117.6 million in Q1 2026, $103.5 million in Q4 2025, and $70.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.79 Bn | 22.07 Bn | 605.00 Mn | 3.07 Bn |
| 2 | Nextpower | 13.42 Bn | 12.21 Bn | 335.85 Mn | 1.71 Bn |
| 3 | Enphase Energy | 5.24 Bn | 4.30 Bn | 175.01 Mn | 1.74 Bn |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 18.15 Bn |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | 2.30 Bn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 399.68 Mn |
| 7 | Canadian Solar | 1.02 Bn | -571.70 Mn | 124.40 Mn | 10.90 Bn |
| 8 | JinkoSolar Holding | 856.51 Mn | -2.45 Bn | 147.66 Mn | 13.82 Bn |
| 9 | Array Technologies | 734.71 Mn | 427.41 Mn | 99.60 Mn | 1.24 Bn |
| 10 | SolarMax Technology | 16.25 Mn | 11.66 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 |