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
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