Growth Metrics

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

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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