SolarMax Technology (SMXT) Other Gross PP&E Adjustments (2022 - 2026)
SolarMax Technology (SMXT) reported Other Gross PP&E Adjustments of -$6.1 million for Q1 2026, down 288.62% year-over-year from $3.2 million in Q1 2025, and down 252.23% on a QoQ basis from $4.0 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Other Gross PP&E Adjustments data on file, last reported at -$6.1 million in Q1 2026.
- Quarterly Other Gross PP&E Adjustments fell 288.62% year-over-year to -$6.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.1 million (down 288.62% YoY) and the FY2025 annual result came in at $4.0 million, up 40.24% from the prior year.
- Other Gross PP&E Adjustments fell to -$6.1 million in Q1 2026 per SMXT's latest filing, from $4.0 million in the prior quarter.
- Across five years, Other Gross PP&E Adjustments topped out at $4.0 million in Q4 2025 and bottomed at -$6.1 million in Q1 2026.
- The 5-year median for Other Gross PP&E Adjustments is $2.5 million (2024), against an average of $1.7 million.
- The widest annual swing landed in 2023, when Other Gross PP&E Adjustments soared 336.58%; it then sank 288.62% in 2026.
- Tracing SMXT's Other Gross PP&E Adjustments over 5 years: stood at -$407376.0 in 2022, then soared by 336.58% to $963783.0 in 2023, then surged by 197.94% to $2.9 million in 2024, then soared by 40.24% to $4.0 million in 2025, then tumbled by 252.23% to -$6.1 million in 2026.
- Per Business Quant, the three latest SMXT Other Gross PP&E Adjustments figures stand at -$6.1 million (Q1 2026), $4.0 million (Q4 2025), and $3.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 8.36 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 50.96 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -2.99 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -13.23 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -50.09 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -57.78 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 33.67 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 11.21 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -512.22 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | -6.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.13 Mn |
| Mar 31, 2026 | -6.13 Mn |
| Dec 31, 2025 | 4.03 Mn |
| Dec 31, 2025 | 4.03 Mn |
| Sep 30, 2025 | 3.63 Mn |
| Sep 30, 2025 | 3.63 Mn |
| Jun 30, 2025 | 3.64 Mn |
| Jun 30, 2025 | 3.64 Mn |
| Mar 31, 2025 | 3.25 Mn |
| Mar 31, 2025 | 3.25 Mn |
| Dec 31, 2024 | 2.87 Mn |
| Dec 31, 2024 | 2.87 Mn |
| Sep 30, 2024 | 2.52 Mn |
| Sep 30, 2024 | 2.52 Mn |
| Jun 30, 2024 | 2.34 Mn |
| Jun 30, 2024 | 2.34 Mn |
| Mar 31, 2024 | 1.98 Mn |
| Mar 31, 2024 | 1.98 Mn |
| Dec 31, 2023 | 963,783.00 |
| Dec 31, 2023 | 963,783.00 |
| Dec 31, 2022 | -407,376.00 |
| Dec 31, 2022 | -407,376.00 |