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% on a QoQ basis from $1.7 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Current Leases data on file, last reported at $1.0 million in Q1 2026.
- Quarterly Current Leases fell 36.35% year-over-year to $1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 million (down 36.35% YoY) and the FY2025 annual result came in at $1.7 million, up 8.99% from the prior year.
- Current Leases fell 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.
- The 5-year median for Current Leases is $1.5 million (2024), against an average of $1.5 million.
- The widest annual swing landed in 2025, when Current Leases increased 9.72%; it then sank 36.35% in 2026.
- Tracing SMXT's Current Leases over 5 years: stood at $1.5 million in 2022, then slipped by 1.68% to $1.5 million in 2023, then gained by 4.91% to $1.6 million in 2024, then grew by 8.99% to $1.7 million in 2025, then plunged by 40.24% to $1.0 million in 2026.
- Per Business Quant, the three latest SMXT Current Leases figures stand at $1.0 million (Q1 2026), $1.7 million (Q4 2025), and $1.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 26.78 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 23.92 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 187,000.00 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 17.49 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |