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| 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 |