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| Date | Value |
|---|---|
| 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 |