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| 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 |