Growth Metrics

SolarMax Technology (SMXT) Operating Leases (2022 - 2026)

SolarMax Technology (SMXT) reported Operating Leases of $10.9 million for Q1 2026, up 274.77% year-over-year from $2.9 million in Q1 2025, and up 2384.16% on a QoQ basis from $437737.0 in Q3 2025.

SolarMax Technology (SMXT) has 5 years of Operating Leases data on file, last reported at $10.9 million in Q1 2026.

  • Quarterly Operating Leases rose 274.77% year-over-year to $10.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.9 million (up 274.77% YoY) and the FY2024 annual result came in at $1.7 million, down 58.02% from the prior year.
  • Operating Leases rose to $10.9 million in Q1 2026 per SMXT's latest filing, from $437737.0 in the prior quarter.
  • Across five years, Operating Leases topped out at $10.9 million in Q1 2026 and bottomed at $437737.0 in Q3 2025.
  • The 5-year median for Operating Leases is $2.7 million (2024), against an average of $3.4 million.
  • The widest annual swing landed in 2025, when Operating Leases sank 79.36%; it then surged 274.77% in 2026.
  • Tracing SMXT's Operating Leases over 5 years: stood at $5.5 million in 2022, then slipped by 25.43% to $4.1 million in 2023, then sank by 58.02% to $1.7 million in 2024, then plunged by 74.44% to $437737.0 in 2025, then surged by 2384.16% to $10.9 million in 2026.
  • Per Business Quant, the three latest SMXT Operating Leases figures stand at $10.9 million (Q1 2026), $437737.0 (Q3 2025), and $868974.0 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 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
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn

Historic Data

Download Data 🔒
DateValue
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 2.12 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