Shoals Technologies (SHLS) Assets Average (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Assets Average came in at $967.5 million in Q1 2026, up 22.35% YoY 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) Assets Average (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 6 years of Assets Average data on file, last reported at $967.5 million in Q1 2026.
- Quarterly Assets Average rose 22.35% year-over-year to $967.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $967.5 million (up 22.35% YoY) and the FY2025 annual result came in at $848.6 million, up 3.67% from the prior year.
- Assets Average improved to $967.5 million in Q1 2026, from $877.9 million in the prior quarter.
- In the past five years, Assets Average ranged from a high of $967.5 million in Q1 2026 to a low of $450.4 million in Q1 2022.
- A 5-year average of $746.1 million and a median of $797.2 million in 2024 frame the typical range for Assets Average.
- Annual changes were most pronounced in 2022 — Assets Average surged 101.28% — and 2024, when it declined 5.33%.
- Tracing SHLS's Assets Average over 5 years: stood at $562.4 million in 2022, then soared by 49.73% to $842.1 million in 2023, then fell by 5.33% to $797.2 million in 2024, then rose by 10.13% to $877.9 million in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 13.37 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 4.17 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 2.82 Bn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 23.06 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 2.28 Bn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 1.02 Bn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 7.59 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 17.63 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 1.50 Bn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 459.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| 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 |