Shoals Technologies (SHLS) Assets Average (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Assets Average came in at $1.0 billion in Q2 2026, up 29.33% on a YoY basis from $791.7 million in Q2 2025, and up 5.83% quarter-over-quarter from $967.5 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Assets Average (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Assets Average for 6 consecutive years, with $1.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Assets Average rose 29.33% year-over-year to $1.0 billion; the trailing twelve-month figure through Jun 2026 stood at $1.0 billion (up 29.33% YoY), and the FY2025 full-year result was $848.6 million, up 3.67% from the prior year.
- Assets Average grew to $1.0 billion in Q2 2026 per SHLS's latest filing, from $967.5 million in the prior quarter.
- Across five years, Assets Average topped out at $1.0 billion in Q2 2026 and bottomed at $450.4 million in Q1 2022.
- Historically, Assets Average has averaged $761.5 million across 5 years, with a median of $802.0 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Assets Average soared 101.28% in 2022, then fell 5.33% in 2024.
- Over 5 years, 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 gained by 16.62% to $1.0 billion in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $1.0 billion, $967.5 million, and $877.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 13.37 Bn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 4.17 Bn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 2.82 Bn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 2.28 Bn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 1.49 Bn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 1.02 Bn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 15.82 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 1.50 Bn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 17.83 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 507.93 Mn |
Historic Data
Download Data
Historic 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 |