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
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