Growth Metrics

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

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DateValue
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