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| Date | Value |
|---|---|
| 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 |