SolarMax Technology (SMXT) Current Leases (2022 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Current Leases for 5 consecutive years, with $1.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Leases fell 36.35% year-over-year to $1.0 million; the TTM figure through Mar 2026 stood at $1.0 million (down 36.35% YoY), while the FY2025 annual figure was $1.7 million, up 8.99% from the prior year.
- Current Leases slipped to $1.0 million in Q1 2026 per SMXT's latest filing, from $1.7 million in the prior quarter.
- Across five years, Current Leases topped out at $1.7 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2025 — Current Leases gained 9.72% — and 2026, when it tumbled 36.35%.
- SolarMax Technology's Current Leases stood at $1.5 million in 2022, then fell by 1.68% to $1.5 million in 2023, then grew by 4.91% to $1.6 million in 2024, then gained by 8.99% to $1.7 million in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.14 Bn | 21.42 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.24 Bn | 12.02 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.15 Bn | 4.21 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.26 Bn | 2.26 Bn | 527.54 Mn | 23.16 Mn |
| 5 | Solaredge Technologies | 1.92 Bn | 1.34 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.21 Bn | 1.20 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 987.59 Mn | -600.70 Mn | 124.40 Mn | 26.78 Mn |
| 8 | JinkoSolar Holding | 842.64 Mn | -2.47 Bn | 147.66 Mn | 17.49 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 506,000.00 |
| 10 | SolarMax Technology | 16.33 Mn | 11.74 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 |