Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026)
Shoals Technologies (SHLS) reported Capital Expenditures of $329000.0 for Q1 2026, down 89.75% on a YoY basis from $3.2 million in Q1 2025, and up 101.35% quarter-over-quarter from -$24.4 million in Q4 2025.
Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Capital Expenditures for 7 years, with the latest figure at $329000.0 in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 89.75% year-over-year to $329000.0; the trailing twelve-month figure through Mar 2026 stood at -$1.4 million (down 286.91% YoY), and the FY2025 full-year result was $1.5 million, changed N/A from the prior year.
- Capital Expenditures for Q1 2026 stood at $329000.0, up from -$24.4 million in the prior quarter.
- The five-year high for Capital Expenditures was $22.8 million in Q3 2025, with the low at -$24.4 million in Q4 2025.
- Historically, Capital Expenditures has averaged $294470.6 across 5 years, with a median of $1.3 million in 2022.
- The largest YoY upside for Capital Expenditures was 1238.11% in 2023 against a maximum downside of 1104.2% in 2023.
- Shoals Technologies' Capital Expenditures stood at $761000.0 in 2022, then plunged by 1104.2% to -$7.6 million in 2023, then gained by 10.21% to -$6.9 million in 2024, then tumbled by 254.94% to -$24.4 million in 2025, then surged by 101.35% to $329000.0 in 2026.
- The last three Capital Expenditures figures came in at $329000.0 (Q1 2026), -$24.4 million (Q4 2025), and $22.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 118.53 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 48.11 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 12.04 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 26.16 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 409,000.00 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 329,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 7.51 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 209,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 329,000.00 |
| Mar 31, 2026 | 329,000.00 |
| Dec 31, 2025 | -24.36 Mn |
| Dec 31, 2025 | -24.36 Mn |
| Sep 30, 2025 | 22.77 Mn |
| Sep 30, 2025 | 22.77 Mn |
| Jun 30, 2025 | -99,000.00 |
| Jun 30, 2025 | -99,000.00 |
| Mar 31, 2025 | 3.21 Mn |
| Mar 31, 2025 | 3.21 Mn |
| Dec 31, 2024 | -6.86 Mn |
| Dec 31, 2024 | -6.86 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 2.00 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 |