Growth Metrics

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

SolarMax Technology (SMXT) reported 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% on a QoQ basis from $103.5 million in Q4 2025.

SolarMax Technology (SMXT) has 5 years of Total Liabilities data on file, last reported at $117.6 million in Q1 2026.

  • Quarterly Total Liabilities rose 115.92% year-over-year to $117.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $117.6 million (up 115.92% YoY) and the FY2025 annual result came in at $103.5 million, up 92.7% from the prior year.
  • Total Liabilities rose 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 $15.2 million in Q1 2023.
  • The 5-year median for Total Liabilities is $54.2 million (2024), against an average of $57.7 million.
  • The widest annual swing landed in 2023, when Total Liabilities fell 16.92%; it then soared 262.62% in 2024.
  • Tracing SMXT's Total Liabilities over 5 years: stood at $77.7 million in 2022, then slipped by 16.92% to $64.5 million in 2023, then retreated by 16.79% to $53.7 million in 2024, then surged by 92.7% to $103.5 million in 2025, then climbed by 13.63% to $117.6 million in 2026.
  • Per Business Quant, the three latest SMXT Total Liabilities figures stand at $117.6 million (Q1 2026), $103.5 million (Q4 2025), and $70.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 3.47 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.74 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 10.90 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.62 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 1.85 Bn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 17.81 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 429.25 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 1.21 Bn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 13.82 Bn
10 SolarMax Technology 30.01 Mn 25.71 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
Sep 30, 2023 16.30 Mn
Jun 30, 2023 17.72 Mn
Mar 31, 2023 15.24 Mn
Dec 31, 2022 77.69 Mn