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-over-year from $54.5 million in Q1 2025, and up 13.63% quarter-over-quarter from $103.5 million in Q4 2025.
Analysis
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.
- 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 was $117.6 million for Q1 2026 at SolarMax Technology, up from $103.5 million in the prior quarter.
- Over five years, Total Liabilities peaked at $117.6 million in Q1 2026 and troughed at $15.2 million in Q1 2023.
- A 5-year average of $57.7 million and a median of $54.2 million in 2024 frame the typical range for Total Liabilities.
- Across the five-year window, Total Liabilities retreated 16.92% in 2023 and jumped 262.62% in 2024, its largest moves.
- Over 5 years, Total Liabilities stood at $77.7 million in 2022, then dropped by 16.92% to $64.5 million in 2023, then decreased by 16.79% to $53.7 million in 2024, then soared by 92.7% to $103.5 million in 2025, then grew by 13.63% to $117.6 million in 2026.
- The last three Total Liabilities figures came in at $117.6 million (Q1 2026), $103.5 million (Q4 2025), and $70.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | 18.15 Bn |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | 276.48 Mn |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | 20.40 Mn |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | 117.60 Mn |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | 39.27 Mn |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 14.67 Mn |
Historic Data
Download Data
Historic 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 |
| Sep 30, 2023 | 16.30 Mn |
| Jun 30, 2023 | 17.72 Mn |
| Mar 31, 2023 | 15.24 Mn |
| Dec 31, 2022 | 77.69 Mn |