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
DateValue
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