Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Capital Expenditures came in at $7.6 million in Q1 2026, up 138.33% YoY from $3.2 million in Q1 2025, and up 4148.89% on a QoQ basis from $180000.0 in Q4 2025.
Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Capital Expenditures data on file, last reported at $7.6 million in 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 improved to $7.6 million in Q1 2026, from $180000.0 in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $12.2 million in Q2 2025 to a low of -$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.
- The widest YoY moves for Capital Expenditures: up 1238.11% in 2023, down 1104.2% in 2023.
- Tracing SHLS's Capital Expenditures over 5 years: stood at $761000.0 in 2022, then plunged by 1104.2% to -$7.6 million in 2023, then soared by 67.51% to -$2.5 million in 2024, then soared by 107.25% to $180000.0 in 2025, then surged by 4148.89% to $7.6 million in 2026.
- The last three Capital Expenditures figures came in at $7.6 million (Q1 2026), $180000.0 (Q4 2025), and -$14.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.38 Bn | 21.65 Bn | 605.00 Mn | 110.25 Mn |
| 2 | Nextpower | 13.14 Bn | 11.93 Bn | 335.85 Mn | 15.90 Mn |
| 3 | Enphase Energy | 5.13 Bn | 4.19 Bn | 175.01 Mn | 14.39 Mn |
| 4 | Sunrun | 2.22 Bn | 2.22 Bn | 527.54 Mn | 4.29 Mn |
| 5 | Solaredge Technologies | 1.92 Bn | 1.34 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.23 Bn | 1.21 Bn | 49.53 Mn | 7.02 Mn |
| 7 | Canadian Solar | 1.00 Bn | -584.16 Mn | 124.40 Mn | -266.38 Mn |
| 8 | JinkoSolar Holding | 858.09 Mn | -2.45 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 730.09 Mn | 422.79 Mn | 99.60 Mn | 7.63 Mn |
| 10 | Toyo | 179.73 Mn | 103.09 Mn | 47.76 Mn | -4.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.02 Mn |
| Jun 30, 2026 | 7.02 Mn |
| 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 |