Shoals Technologies (SHLS) Assets Average (2021 - 2026)
Shoals Technologies posted quarterly Assets Average of $967.5 million for Q1 2026, up 22.35% year-on-year from $790.8 million in Q1 2025, and up 10.2% on a QoQ basis from $877.9 million in Q4 2025.
Shoals Technologies (SHLS) has 6 years of Assets Average data on file, last reported at $967.5 million in Q1 2026.
- For the quarter ending Q1 2026, Assets Average rose 22.35% year-over-year to $967.5 million; the trailing twelve-month figure through Mar 2026 stood at $967.5 million (up 22.35% YoY), and the FY2025 full-year result was $848.6 million, up 3.67% from the prior year.
- Assets Average for Q1 2026 stood at $967.5 million, up from $877.9 million in the prior quarter.
- Across five years, Assets Average topped out at $967.5 million in Q1 2026 and bottomed at $450.4 million in Q1 2022.
- The 5-year median for Assets Average is $797.2 million (2024), against an average of $746.1 million.
- The widest annual swing landed in 2022, when Assets Average surged 101.28%; it then declined 5.33% in 2024.
- A 5-year view of Assets Average shows it stood at $562.4 million in 2022, then jumped by 49.73% to $842.1 million in 2023, then retreated by 5.33% to $797.2 million in 2024, then gained by 10.13% to $877.9 million in 2025, then climbed by 10.2% to $967.5 million in 2026.
- The last three Assets Average figures came in at $967.5 million (Q1 2026), $877.9 million (Q4 2025), and $823.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 13.34 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 3.94 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 7.59 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 3.12 Bn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 2.22 Bn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 22.69 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 967.50 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.46 Bn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 17.63 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 76.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 967.50 Mn |
| Dec 31, 2025 | 877.95 Mn |
| Sep 30, 2025 | 823.38 Mn |
| Jun 30, 2025 | 791.69 Mn |
| Mar 31, 2025 | 790.75 Mn |
| Dec 31, 2024 | 797.19 Mn |
| Sep 30, 2024 | 794.87 Mn |
| Jun 30, 2024 | 806.87 Mn |
| Mar 31, 2024 | 834.65 Mn |
| Dec 31, 2023 | 842.07 Mn |
| Sep 30, 2023 | 829.48 Mn |
| Jun 30, 2023 | 813.71 Mn |
| Mar 31, 2023 | 701.75 Mn |
| Dec 31, 2022 | 562.39 Mn |
| Sep 30, 2022 | 513.25 Mn |
| Jun 30, 2022 | 485.54 Mn |
| Mar 31, 2022 | 450.44 Mn |
| Dec 31, 2021 | 404.61 Mn |
| Sep 30, 2021 | 328.26 Mn |
| Jun 30, 2021 | 262.99 Mn |
| Mar 31, 2021 | 223.78 Mn |