SolarMax Technology (SMXT) Leases (2022 - 2026)
SolarMax Technology (SMXT) reported Leases of $11.8 million for Q1 2026, up 321.07% year-over-year from $2.8 million in Q1 2025, and up 620.16% on a QoQ basis from $1.6 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Leases data on file, last reported at $11.8 million in Q1 2026.
- Quarterly Leases rose 321.07% year-over-year to $11.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.8 million (up 321.07% YoY) and the FY2025 annual result came in at $1.6 million, down 48.45% from the prior year.
- Leases climbed to $11.8 million in Q1 2026 per SMXT's latest filing, from $1.6 million in the prior quarter.
- Across five years, Leases topped out at $11.8 million in Q1 2026 and bottomed at $1.6 million in Q4 2025.
- The 5-year median for Leases is $3.5 million (2024), against an average of $4.4 million.
- The widest annual swing landed in 2025, when Leases tumbled 48.45%; it then soared 321.07% in 2026.
- Tracing SMXT's Leases over 5 years: stood at $6.9 million in 2022, then declined by 21.39% to $5.4 million in 2023, then slumped by 41.26% to $3.2 million in 2024, then plunged by 48.45% to $1.6 million in 2025, then surged by 620.16% to $11.8 million in 2026.
- Per Business Quant, the three latest SMXT Leases figures stand at $11.8 million (Q1 2026), $1.6 million (Q4 2025), and $2.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 50.87 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 441.29 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 | 50.09 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 57.78 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 45.00 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 48.27 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 514.34 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 11.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.80 Mn |
| Dec 31, 2025 | 1.64 Mn |
| Sep 30, 2025 | 2.03 Mn |
| Jun 30, 2025 | 2.42 Mn |
| Mar 31, 2025 | 2.80 Mn |
| Dec 31, 2024 | 3.18 Mn |
| Sep 30, 2024 | 3.55 Mn |
| Jun 30, 2024 | 3.91 Mn |
| Mar 31, 2024 | 4.27 Mn |
| Dec 31, 2023 | 5.41 Mn |
| Dec 31, 2022 | 6.88 Mn |