Shoals Technologies (SHLS) Asset Writedowns and Impairment (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Asset Writedowns and Impairment came in at $518000.0 in Q1 2026, up 105.56% YoY from $252000.0 in Q1 2025, and up 346.55% on a QoQ basis from $116000.0 in Q4 2025.
Shoals Technologies (SHLS) Asset Writedowns and Impairment (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Asset Writedowns and Impairment data on file, last reported at $518000.0 in Q1 2026.
- Quarterly Asset Writedowns and Impairment rose 105.56% year-over-year to $518000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 million (down 49.62% YoY) and the FY2025 annual result came in at $1.2 million, down 54.83% from the prior year.
- Asset Writedowns and Impairment grew to $518000.0 in Q1 2026, from $116000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $3.3 million in Q3 2023 to a low of -$2.0 million in Q2 2023.
- A 5-year average of $885230.8 and a median of $518000.0 in 2026 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment surged 211.87% — and 2025, when it tumbled 90.04%.
- Tracing SHLS's Asset Writedowns and Impairment over 5 years: stood at $2.1 million in 2022, then sank by 32.37% to $1.4 million in 2023, then fell by 16.9% to $1.2 million in 2024, then plunged by 90.04% to $116000.0 in 2025, then surged by 346.55% to $518000.0 in 2026.
- The last three Asset Writedowns and Impairment figures came in at $518000.0 (Q1 2026), $116000.0 (Q4 2025), and $473000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Mn |
| Jun 30, 2026 | 1.73 Mn |
| Mar 31, 2026 | 518,000.00 |
| Mar 31, 2026 | 518,000.00 |
| Dec 31, 2025 | 116,000.00 |
| Dec 31, 2025 | 116,000.00 |
| Sep 30, 2025 | 473,000.00 |
| Sep 30, 2025 | 473,000.00 |
| Jun 30, 2025 | 365,000.00 |
| Jun 30, 2025 | 365,000.00 |
| Mar 31, 2025 | 252,000.00 |
| Mar 31, 2025 | 252,000.00 |
| Dec 31, 2024 | 1.17 Mn |
| Dec 31, 2024 | 1.17 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Jun 30, 2024 | 466,000.00 |
| Jun 30, 2024 | 466,000.00 |
| Dec 31, 2023 | 1.40 Mn |
| Dec 31, 2023 | 1.40 Mn |