SolarMax Technology (SMXT) Depreciation and Depletion (2023 - 2026)
SolarMax Technology (SMXT) reported Depreciation and Depletion of $13000.0 for Q1 2026, down 31.58% year-over-year from $19000.0 in Q1 2025, and little changed quarter-over-quarter from $13000.0 in Q4 2025.
SolarMax Technology (SMXT) Depreciation and Depletion (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Depreciation and Depletion data on file, last reported at $13000.0 in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $13000.0, down 31.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $55000.0 (down 28.57% YoY), and the FY2025 annual result was $62000.0, down 24.39% from the prior year.
- Depreciation and Depletion held at $13000.0 in Q1 2026 per SMXT's latest filing, from $13000.0 in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $51000.0 in Q1 2023 and troughed at $13000.0 in Q3 2025.
- A 4-year average of $25000.0 and a median of $18000.0 in 2024 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2024 and 2025: Depreciation and Depletion slumped 63.64% in 2024, then decreased 18.75% in 2025.
- A 4-year view of Depreciation and Depletion shows it stood at $44000.0 in 2023, then slumped by 61.36% to $17000.0 in 2024, then retreated by 23.53% to $13000.0 in 2025, then changed by 0.0% to $13000.0 in 2026.
- Business Quant data shows SMXT's Depreciation and Depletion at $13000.0 in Q1 2026, $13000.0 in Q4 2025, and $13000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 143.80 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 | 181.10 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.20 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.40 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 300,000.00 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 13,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13,000.00 |
| Mar 31, 2026 | 13,000.00 |
| Dec 31, 2025 | 13,000.00 |
| Dec 31, 2025 | 13,000.00 |
| Sep 30, 2025 | 13,000.00 |
| Sep 30, 2025 | 13,000.00 |
| Jun 30, 2025 | 16,000.00 |
| Jun 30, 2025 | 16,000.00 |
| Mar 31, 2025 | 19,000.00 |
| Mar 31, 2025 | 19,000.00 |
| Dec 31, 2024 | 17,000.00 |
| Dec 31, 2024 | 17,000.00 |
| Sep 30, 2024 | 16,000.00 |
| Sep 30, 2024 | 16,000.00 |
| Jun 30, 2024 | 25,000.00 |
| Jun 30, 2024 | 25,000.00 |
| Mar 31, 2024 | 24,000.00 |
| Mar 31, 2024 | 24,000.00 |
| Sep 30, 2023 | 44,000.00 |
| Sep 30, 2023 | 44,000.00 |