SolarMax Technology (SMXT) Current Leases (2022 - 2026)
SolarMax Technology (SMXT) reported Current Leases of $1.0 million for Q1 2026, down 36.35% year-over-year from $1.6 million in Q1 2025, and down 40.24% quarter-over-quarter 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.
- Current Leases for Q1 2026 came in at $1.0 million, down 36.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 million (down 36.35% YoY), and the FY2025 annual result was $1.7 million, up 8.99% from the prior year.
- Current Leases declined to $1.0 million in Q1 2026 per SMXT's latest filing, from $1.7 million in the prior quarter.
- Over five years, Current Leases peaked at $1.7 million in Q4 2025 and troughed at $1.0 million in Q1 2026.
- A 5-year average of $1.5 million and a median of $1.5 million in 2024 frame the typical range for Current Leases.
- The sharpest annual moves came in 2025 and 2026: Current Leases gained 9.72% in 2025, then tumbled 36.35% in 2026.
- A 5-year view of Current Leases shows it stood at $1.5 million in 2022, then declined by 1.68% to $1.5 million in 2023, then climbed by 4.91% to $1.6 million in 2024, then rose by 8.99% to $1.7 million in 2025, then slumped by 40.24% to $1.0 million in 2026.
- Business Quant data shows SMXT's Current Leases at $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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 23.92 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 187,000.00 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 17.49 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 865,000.00 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 1.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |