Shoals Technologies (SHLS) Assets Average (2021 - 2026)
Shoals Technologies (SHLS) posted Assets Average of $967.5 million for Q1 2026, up 10.2% on a QoQ basis from $877.9 million in Q4 2025, and up 22.35% year-over-year from $790.8 million in Q1 2025.
Shoals Technologies (SHLS) Assets Average (2021 - 2026) Analysis & Trends
Shoals Technologies' Assets Average history runs 6 years deep, the most recent figure standing at $967.5 million for 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 was $967.5 million for Q1 2026 at Shoals Technologies, 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.
- 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 decreased 5.33%.
- Shoals Technologies' Assets Average stood at $562.4 million in 2022, then surged by 49.73% to $842.1 million in 2023, then decreased by 5.33% to $797.2 million in 2024, then advanced by 10.13% to $877.9 million in 2025, then grew by 10.2% to $967.5 million in 2026.
- Business Quant data shows SHLS's Assets Average at $967.5 million in Q1 2026, $877.9 million in Q4 2025, and $823.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 13.34 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 3.94 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 3.12 Bn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 17.63 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 2.22 Bn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 22.69 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 967.50 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 7.59 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.46 Bn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 459.86 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 |