SolarMax Technology SMXT
NASDAQ SMXT
$2.32 +0.17 (+7.69%)
As of: Sep 10, 2026 · 2:38 PM EDT

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

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 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