Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026)

Shoals Technologies (SHLS) posted Capital Expenditures of $7.6 million for Q1 2026, up 4148.89% on a QoQ basis from $180000.0 in Q4 2025, and up 138.33% year-over-year from $3.2 million in Q1 2025.

Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026) Analysis & Trends

Shoals Technologies' Capital Expenditures history runs 7 years deep, the most recent figure standing at $7.6 million for Q1 2026.

  • Quarterly Capital Expenditures rose 138.33% year-over-year to $7.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.0 million (up 721.21% YoY) and the FY2025 annual result came in at $1.5 million, changed N/A from the prior year.
  • Capital Expenditures was $7.6 million for Q1 2026 at Shoals Technologies, up from $180000.0 in the prior quarter.
  • Across five years, Capital Expenditures topped out at $12.2 million in Q2 2025 and bottomed at -$14.1 million in Q3 2025.
  • A 5-year average of $821666.7 and a median of $1.3 million in 2022 frame the typical range for Capital Expenditures.
  • Peak annual rise in Capital Expenditures reached 1238.11% in 2023, while the deepest fall reached 1104.2% in 2023.
  • Shoals Technologies' Capital Expenditures stood at $761000.0 in 2022, then slumped by 1104.2% to -$7.6 million in 2023, then surged by 67.51% to -$2.5 million in 2024, then surged by 107.25% to $180000.0 in 2025, then jumped by 4148.89% to $7.6 million in 2026.
  • Business Quant data shows SHLS's Capital Expenditures at $7.6 million in Q1 2026, $180000.0 in Q4 2025, and -$14.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 118.53 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 48.11 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 12.04 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 26.16 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 409,000.00
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 7.65 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -266.38 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 7.51 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -4.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.65 Mn
Mar 31, 2026 7.65 Mn
Dec 31, 2025 180,000.00
Dec 31, 2025 180,000.00
Sep 30, 2025 -14.09 Mn
Sep 30, 2025 -14.09 Mn
Jun 30, 2025 12.22 Mn
Jun 30, 2025 12.22 Mn
Mar 31, 2025 3.21 Mn
Mar 31, 2025 3.21 Mn
Jun 30, 2024 -2.48 Mn
Jun 30, 2024 -2.48 Mn
Mar 31, 2024 2.48 Mn
Mar 31, 2024 2.48 Mn
Dec 31, 2023 -7.64 Mn
Dec 31, 2023 -7.64 Mn
Sep 30, 2023 3.27 Mn
Sep 30, 2023 3.27 Mn
Jun 30, 2023 2.37 Mn
Jun 30, 2023 2.37 Mn