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 on a QoQ basis from $13000.0 in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Depreciation and Depletion data on file, last reported at $13000.0 in Q1 2026.
- Quarterly Depreciation and Depletion fell 31.58% year-over-year to $13000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55000.0 (down 28.57% YoY) and the FY2025 annual result came in at $62000.0, down 24.39% from the prior year.
- Depreciation and Depletion was little changed at $13000.0 in Q1 2026 per SMXT's latest filing, from $13000.0 in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $51000.0 in Q1 2023 and bottomed at $13000.0 in Q3 2025.
- The 4-year median for Depreciation and Depletion is $18000.0 (2024), against an average of $25000.0.
- The widest annual swing landed in 2024, when Depreciation and Depletion plunged 63.64%; it then fell 18.75% in 2025.
- Tracing SMXT's Depreciation and Depletion over 4 years: stood at $44000.0 in 2023, then plunged by 61.36% to $17000.0 in 2024, then declined by 23.53% to $13000.0 in 2025, then changed by 0.0% to $13000.0 in 2026.
- Per Business Quant, the three latest SMXT Depreciation and Depletion figures stand at $13000.0 (Q1 2026), $13000.0 (Q4 2025), and $13000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.80 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 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 | 181.10 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.20 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.40 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |
| Jun 30, 2023 | 49,000.00 |
| Jun 30, 2023 | 49,000.00 |
| Mar 31, 2023 | 51,000.00 |
| Mar 31, 2023 | 51,000.00 |