SolarMax Technology (SMXT) Operating Leases (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Operating Leases came in at $10.9 million in Q1 2026, up 274.77% year-over-year from $2.9 million in Q1 2025, and up 412.84% quarter-over-quarter from $2.1 million in Q3 2025.
Analysis
SolarMax Technology (SMXT) Operating Leases (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Operating Leases for 5 consecutive years, with $10.9 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Leases rose 274.77% year-over-year to $10.9 million in Q1 2026; TTM through Mar 2026 was $10.9 million, a 274.77% increase from a year earlier, with the FY2024 full-year figure at $1.7 million, down 58.02% from the prior year.
- Operating Leases was $10.9 million for Q1 2026 at SolarMax Technology, up from $2.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $10.9 million in Q1 2026 and troughed at $1.7 million in Q4 2024.
- A 5-year average of $3.9 million and a median of $2.9 million in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases tumbled 58.02% in 2024 and soared 274.77% in 2026, its largest moves.
- Over 5 years, Operating Leases stood at $5.5 million in 2022, then dropped by 25.43% to $4.1 million in 2023, then plunged by 58.02% to $1.7 million in 2024, then climbed by 23.83% to $2.1 million in 2025, then soared by 412.84% to $10.9 million in 2026.
- The last three Operating Leases figures came in at $10.9 million (Q1 2026), $2.1 million (Q3 2025), and $2.5 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn |
| 2 | SunPower | 48.26 Mn | 44.16 Mn | 24.96 Mn |
| 3 | SUNation Energy | 22.54 Mn | 19.48 Mn | 2.13 Mn |
| 4 | SolarMax Technology | 10.86 Mn | 6.27 Mn | 3.05 Mn |
| 5 | Founder | 1.72 Mn | -28.16 Mn | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 10.87 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 2.51 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | 1.71 Mn |
| Sep 30, 2024 | 3.66 Mn |
| Jun 30, 2024 | 2.51 Mn |
| Mar 31, 2024 | 2.90 Mn |
| Dec 31, 2023 | 4.08 Mn |
| Dec 31, 2022 | 5.47 Mn |