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% quarter-over-quarter from $437737.0 in Q3 2025.
SolarMax Technology (SMXT) Operating Leases (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Operating Leases data on file, last reported at $10.9 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $10.9 million, up 274.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.9 million (up 274.77% YoY), and the FY2024 annual result was $1.7 million, down 58.02% from the prior year.
- Operating Leases improved to $10.9 million in Q1 2026 per SMXT's latest filing, from $437737.0 in the prior quarter.
- Over five years, Operating Leases peaked at $10.9 million in Q1 2026 and troughed at $437737.0 in Q3 2025.
- A 5-year average of $3.4 million and a median of $2.7 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2025 and 2026: Operating Leases tumbled 79.36% in 2025, then jumped 274.77% in 2026.
- A 5-year view of Operating Leases shows it stood at $5.5 million in 2022, then declined by 25.43% to $4.1 million in 2023, then tumbled by 58.02% to $1.7 million in 2024, then slumped by 74.44% to $437737.0 in 2025, then jumped by 2384.16% to $10.9 million in 2026.
- Business Quant data shows SMXT's Operating Leases at $10.9 million in Q1 2026, $437737.0 in Q3 2025, and $868974.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.87 Mn |
| Sep 30, 2025 | 437,737.00 |
| Jun 30, 2025 | 868,974.00 |
| 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 |