Shoals Technologies (SHLS) Capital Expenditures (2020 - 2026)
Shoals Technologies posted quarterly Capital Expenditures of $329000.0 for Q1 2026, down 89.75% year-on-year from $3.2 million in Q1 2025, and up 101.35% on a QoQ basis from -$24.4 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Capital Expenditures data on file, last reported 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.
- Across five years, Capital Expenditures topped out at $22.8 million in Q3 2025 and bottomed at -$24.4 million in Q4 2025.
- The 5-year median for Capital Expenditures is $1.3 million (2022), against an average of $294470.6.
- Peak annual rise in Capital Expenditures reached 1238.11% in 2023, while the deepest fall reached 1104.2% in 2023.
- A 5-year view of Capital Expenditures shows it stood at $761000.0 in 2022, then tumbled by 1104.2% to -$7.6 million in 2023, then advanced by 10.21% to -$6.9 million in 2024, then slumped by 254.94% to -$24.4 million in 2025, then soared 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 118.53 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 48.11 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -266.38 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 12.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 26.16 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 409,000.00 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 329,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.51 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 209,000.00 |
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 |
| Sep 30, 2023 | 3.27 Mn |
| Sep 30, 2023 | 3.27 Mn |
| Jun 30, 2023 | 2.37 Mn |
| Jun 30, 2023 | 2.37 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 761,000.00 |
| Dec 31, 2022 | 761,000.00 |
| Sep 30, 2022 | 244,000.00 |
| Sep 30, 2022 | 244,000.00 |
| Jun 30, 2022 | 1.27 Mn |
| Jun 30, 2022 | 1.27 Mn |
| Mar 31, 2022 | 882,000.00 |
| Mar 31, 2022 | 882,000.00 |
| Dec 31, 2021 | 1.64 Mn |
| Dec 31, 2021 | 1.64 Mn |
| Sep 30, 2021 | 747,000.00 |
| Sep 30, 2021 | 747,000.00 |
| Jun 30, 2021 | 873,000.00 |
| Jun 30, 2021 | 873,000.00 |
| Mar 31, 2021 | 863,000.00 |
| Mar 31, 2021 | 863,000.00 |
| Dec 31, 2020 | 450,000.00 |
| Dec 31, 2020 | 450,000.00 |
| Sep 30, 2020 | 1.44 Mn |
| Sep 30, 2020 | 1.44 Mn |
| Jun 30, 2020 | 550,000.00 |
| Jun 30, 2020 | 550,000.00 |
| Mar 31, 2020 | 795,000.00 |
| Mar 31, 2020 | 795,000.00 |