SolarMax Technology (SMXT) Depreciation and Depletion (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Depreciation and Depletion came in at $13000.0 in Q1 2026, down 31.58% year-on-year from $19000.0 in Q1 2025, and little changed on a QoQ basis 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.

  • On a quarterly basis, Depreciation and Depletion fell 31.58% year-over-year to $13000.0 in Q1 2026; TTM through Mar 2026 was $55000.0, a 28.57% decrease from a year earlier, with the FY2025 full-year figure at $62000.0, down 24.39% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at $13000.0, roughly flat from $13000.0 in the prior quarter.
  • Over the last five years, Depreciation and Depletion for SMXT reached as high as $51000.0 in Q1 2023 and fell as low as $13000.0 in Q3 2025.
  • Historically, Depreciation and Depletion has averaged $25000.0 across 4 years, with a median of $18000.0 in 2024.
  • Across the five-year window, Depreciation and Depletion plunged 63.64% in 2024 and fell 18.75% in 2025, its largest moves.
  • Year by year, Depreciation and Depletion stood at $44000.0 in 2023, then tumbled by 61.36% to $17000.0 in 2024, then dropped by 23.53% to $13000.0 in 2025, then changed by 0.0% to $13000.0 in 2026.
  • Per Business Quant data, the three most recent Depreciation and Depletion figures were $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 21.36 Bn 18.94 Bn 486.13 Mn 143.80 Mn
2 Nextpower 14.41 Bn 13.31 Bn 297.38 Mn -
3 Enphase Energy 4.71 Bn 3.78 Bn 100.39 Mn -
4 JinkoSolar Holding 3.14 Bn -166.40 Mn 147.66 Mn -
5 Solaredge Technologies 2.39 Bn 1.84 Bn 68.28 Mn -
6 Sunrun 2.24 Bn 573.32 Mn 407.49 Mn 181.10 Mn
7 Shoals Technologies 1.47 Bn 1.47 Bn 41.01 Mn 2.20 Mn
8 Canadian Solar 885.22 Mn 125.65 Mn 124.40 Mn -
9 Array Technologies 811.43 Mn 610.73 Mn 63.00 Mn 2.40 Mn
10 SolarMax Technology 18.84 Mn 14.25 Mn 3.05 Mn 13,000.00

Historic Data

Download Data
DateValue
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