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-on-year from $2.9 million in Q1 2025, and up 412.84% on a QoQ basis from $2.1 million 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.
- 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 for Q1 2026 stood at $10.9 million, up from $2.1 million in the prior quarter.
- Over the last five years, Operating Leases for SMXT reached as high as $10.9 million in Q1 2026 and fell as low as $868974.0 in Q2 2025.
- Historically, Operating Leases has averaged $3.7 million across 5 years, with a median of $2.9 million in 2024.
- Across the five-year window, Operating Leases tumbled 65.43% in 2025 and surged 274.77% in 2026, its largest moves.
- Year by year, Operating Leases stood at $5.5 million in 2022, then decreased by 25.43% to $4.1 million in 2023, then plunged by 58.02% to $1.7 million in 2024, then gained by 23.83% to $2.1 million in 2025, then jumped by 412.84% to $10.9 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $10.9 million in Q1 2026, $2.1 million in Q3 2025, and $868974.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.87 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 868,974.00 |
| 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 |