Growth Metrics

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

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DateValue
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