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% quarter-over-quarter 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.
- Total Liabilities for Q1 2026 came in at $117.6 million, up 115.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $117.6 million (up 115.92% YoY), and the FY2025 annual result was $103.5 million, up 92.7% from the prior year.
- Total Liabilities improved to $117.6 million in Q1 2026 per SMXT's latest filing, 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.
- The sharpest annual moves came in 2023 and 2024: Total Liabilities decreased 16.92% in 2023, then surged 262.62% in 2024.
- A 5-year view of Total Liabilities shows it stood at $77.7 million in 2022, then declined by 16.92% to $64.5 million in 2023, then slipped by 16.79% to $53.7 million in 2024, then jumped by 92.7% to $103.5 million in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 3.47 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 1.74 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.62 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.85 Bn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 17.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 429.25 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.21 Bn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 13.82 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 34.01 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 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 |
| Sep 30, 2023 | 16.30 Mn |
| Jun 30, 2023 | 17.72 Mn |
| Mar 31, 2023 | 15.24 Mn |
| Dec 31, 2022 | 77.69 Mn |