Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Shoals Technologies' (SHLS) quarterly Capital Expenditures came in at $7.0 million in Q2 2026, down 42.6% on a YoY basis from $12.2 million in Q2 2025, and down 8.28% quarter-over-quarter from $7.6 million in Q1 2026.

Analysis

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

Shoals Technologies (SHLS) has reported Capital Expenditures for 7 consecutive years, with $7.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Capital Expenditures fell 42.6% year-over-year to $7.0 million; the trailing twelve-month figure through Jun 2026 stood at $32.3 million (up 66.9% YoY), and the FY2025 full-year result was $33.0 million, up 293.7% from the prior year.
  • Capital Expenditures retreated to $7.0 million in Q2 2026 per SHLS's latest filing, from $7.6 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $12.2 million in Q2 2025 and bottomed at $244000.0 in Q3 2022.
  • Historically, Capital Expenditures has averaged $3.9 million across 5 years, with a median of $2.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures sank 67.34% in 2022, then jumped 1238.11% in 2023.
  • Over 5 years, Capital Expenditures stood at $761000.0 in 2022, then jumped by 285.81% to $2.9 million in 2023, then slumped by 47.85% to $1.5 million in 2024, then soared by 367.93% to $7.2 million in 2025, then dropped by 2.08% to $7.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $7.0 million, $7.6 million, and $7.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 110.25 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 15.90 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 14.39 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 101.10 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 7.02 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -171.84 Mn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 7.63 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -23.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.02 Mn
Mar 31, 2026 7.65 Mn
Dec 31, 2025 7.16 Mn
Sep 30, 2025 10.45 Mn
Jun 30, 2025 12.22 Mn
Mar 31, 2025 3.21 Mn
Dec 31, 2024 1.53 Mn
Sep 30, 2024 2.38 Mn
Jun 30, 2024 2.00 Mn
Mar 31, 2024 2.48 Mn
Dec 31, 2023 2.94 Mn
Sep 30, 2023 3.27 Mn
Jun 30, 2023 2.37 Mn
Mar 31, 2023 2.00 Mn
Dec 31, 2022 761,000.00
Sep 30, 2022 244,000.00
Jun 30, 2022 1.27 Mn
Mar 31, 2022 882,000.00
Dec 31, 2021 1.64 Mn
Sep 30, 2021 747,000.00