SolarMax Technology SMXT
NASDAQ SMXT
$4.58 +0.15 (+3.39%)
As of: Nov 11, 2026 · 1:14 PM EST

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

Updated

SolarMax Technology's Depreciation and Depletion came in at $12,000 for Q2 2026, down 29.4% from $17,000 a year earlier and down 7.7% from the prior quarter.

Analysis

SolarMax Technology (SMXT) Depreciation and Depletion (2023 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, SolarMax Technology reported Depreciation and Depletion of $51,000, down 26.1% year-over-year; for FY2025, it was $62,000, down 24.4% from FY2024.

  • Depreciation and Depletion has declined in each of the last three years, with a three-year compound annual growth rate of -39.4% (FY2022 to FY2025).
  • Going back by year, Depreciation and Depletion was $82,000 in FY2024 (-43.1%), $144,000 in FY2023 (-48.2%) and $277,932 in FY2022.
  • The Q2 2026 figure represents the lowest quarterly Depreciation and Depletion in data going back to Q1 2023.
  • Year-over-year, Depreciation and Depletion has declined for six consecutive quarters, with an average decline of 31.4% over the last seven quarters.
  • Over the past five years, the year-over-year decline in Depreciation and Depletion ranged from 18.8% (Q3 2025) to 63.6% (Q3 2024).
  • Business Quant data shows SMXT's Depreciation and Depletion at $13,000 (Q1 2026), $13,000 (Q4 2025) and $13,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Depletion (Qtr)
1 Quanta Services 87.86 Bn 84.32 Bn 2.01 Bn 120.39 Mn
2 Ferrovial 43.95 Bn 24.55 Bn - -
3 Emcor 28.40 Bn 24.67 Bn 1.11 Bn 20.21 Mn
4 Jacobs Solutions 18.40 Bn 13.04 Bn 810.70 Mn -
5 Mastec 14.54 Bn 13.22 Bn 660.86 Mn 93.80 Mn
6 Aecom 9.09 Bn 4.41 Bn -34.04 Mn -
7 Sterling Infrastructure 8.86 Bn 7.32 Bn 377.28 Mn 19.44 Mn
8 Stantec 8.64 Bn 7.57 Bn 1.36 Bn -
9 IES Holdings 6.87 Bn 5.74 Bn 340.66 Mn -
10 SolarMax Technology 21.01 Mn 855,124.00 2.41 Mn 12,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12,000.00
Mar 31, 2026 13,000.00
Dec 31, 2025 13,000.00
Sep 30, 2025 13,000.00
Jun 30, 2025 17,000.00
Mar 31, 2025 19,000.00
Dec 31, 2024 17,000.00
Sep 30, 2024 16,000.00
Jun 30, 2024 25,000.00
Mar 31, 2024 24,000.00
Sep 30, 2023 44,000.00
Jun 30, 2023 49,000.00
Mar 31, 2023 51,000.00
API Access

SolarMax Technology Depreciation and Depletion API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SMXT&period=max&api_key=YOUR_API_KEY