SolarMax Technology (SMXT) Current Leases (2022 - 2026)

SolarMax Technology's (SMXT) quarterly Current Leases came in at $1.0 million in Q1 2026, down 36.35% year-on-year from $1.6 million in Q1 2025, and down 40.24% on a QoQ basis from $1.7 million in Q4 2025.

SolarMax Technology (SMXT) Current Leases (2022 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 5 years of Current Leases data on file, last reported at $1.0 million in Q1 2026.

  • On a quarterly basis, Current Leases fell 36.35% year-over-year to $1.0 million in Q1 2026; TTM through Mar 2026 was $1.0 million, a 36.35% decrease from a year earlier, with the FY2025 full-year figure at $1.7 million, up 8.99% from the prior year.
  • Current Leases for Q1 2026 stood at $1.0 million, down from $1.7 million in the prior quarter.
  • Over the last five years, Current Leases for SMXT reached as high as $1.7 million in Q4 2025 and fell as low as $1.0 million in Q1 2026.
  • Historically, Current Leases has averaged $1.5 million across 5 years, with a median of $1.5 million in 2024.
  • Across the five-year window, Current Leases increased 9.72% in 2025 and sank 36.35% in 2026, its largest moves.
  • Year by year, Current Leases stood at $1.5 million in 2022, then decreased by 1.68% to $1.5 million in 2023, then rose by 4.91% to $1.6 million in 2024, then climbed by 8.99% to $1.7 million in 2025, then tumbled by 40.24% to $1.0 million in 2026.
  • Per Business Quant data, the three most recent Current Leases figures were $1.0 million in Q1 2026, $1.7 million in Q4 2025, and $1.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 17.49 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 23.92 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 26.78 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 187,000.00
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn 1.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.02 Mn
Dec 31, 2025 1.71 Mn
Sep 30, 2025 1.68 Mn
Jun 30, 2025 1.64 Mn
Mar 31, 2025 1.61 Mn
Dec 31, 2024 1.57 Mn
Sep 30, 2024 1.54 Mn
Jun 30, 2024 1.50 Mn
Mar 31, 2024 1.47 Mn
Dec 31, 2023 1.50 Mn
Dec 31, 2022 1.52 Mn