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
DateValue
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