Growth Metrics

Shoals Technologies (SHLS) Cash from Operations (2020 - 2026)

Shoals Technologies posted quarterly Cash from Operations of 41448000.0 for Q1 2026, down 366.41% year-on-year from 15558000.0 in Q1 2025, and down 914.14% on a QoQ basis from 4087000.0 in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Cash from Operations data on file, last reported at 41448000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Cash from Operations fell 366.41% year-over-year to 41448000.0; the trailing twelve-month figure through Mar 2026 stood at 39939000.0 (down 148.07% YoY), and the FY2025 full-year result was 17067000.0, down 78.77% from the prior year.
  • Cash from Operations for Q1 2026 stood at 41448000.0, down from 4087000.0 in the prior quarter.
  • Across five years, Cash from Operations topped out at 37841000.0 in Q2 2024 and bottomed at 41448000.0 in Q1 2026.
  • The 5-year median for Cash from Operations is 15558000.0 (2025), against an average of 11024529.41.
  • The widest annual swing landed in 2022, when Cash from Operations jumped 1226.69%; it then tumbled 366.41% in 2026.
  • A 5-year view of Cash from Operations shows it stood at 34441000.0 in 2022, then slipped by 23.21% to 26447000.0 in 2023, then sank by 47.11% to 13988000.0 in 2024, then sank by 129.22% to 4087000.0 in 2025, then slumped by 914.14% to 41448000.0 in 2026.
  • The last three Cash from Operations figures came in at 41448000.0 (Q1 2026), 4087000.0 (Q4 2025), and 19417000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -214.87 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 171.43 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -65.03 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 102.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 24.43 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.62 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -41.45 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -29.42 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 -9.25 Mn

Historic Data

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DateValue
Mar 31, 2026 -41.45 Mn
Mar 31, 2026 -41.45 Mn
Dec 31, 2025 -4.09 Mn
Dec 31, 2025 -4.09 Mn
Sep 30, 2025 19.42 Mn
Sep 30, 2025 19.42 Mn
Jun 30, 2025 -13.82 Mn
Jun 30, 2025 -13.82 Mn
Mar 31, 2025 15.56 Mn
Mar 31, 2025 15.56 Mn
Dec 31, 2024 13.99 Mn
Dec 31, 2024 13.99 Mn
Sep 30, 2024 15.70 Mn
Sep 30, 2024 15.70 Mn
Jun 30, 2024 37.84 Mn
Jun 30, 2024 37.84 Mn
Mar 31, 2024 12.86 Mn
Mar 31, 2024 12.86 Mn
Dec 31, 2023 26.45 Mn
Dec 31, 2023 26.45 Mn
Sep 30, 2023 27.67 Mn
Sep 30, 2023 27.67 Mn
Jun 30, 2023 27.92 Mn
Jun 30, 2023 27.92 Mn
Mar 31, 2023 9.91 Mn
Mar 31, 2023 9.91 Mn
Dec 31, 2022 34.44 Mn
Dec 31, 2022 34.44 Mn
Sep 30, 2022 11.76 Mn
Sep 30, 2022 11.76 Mn
Jun 30, 2022 19.12 Mn
Jun 30, 2022 19.12 Mn
Mar 31, 2022 -25.86 Mn
Mar 31, 2022 -25.86 Mn
Dec 31, 2021 2.60 Mn
Dec 31, 2021 2.60 Mn
Sep 30, 2021 7.44 Mn
Sep 30, 2021 7.44 Mn
Jun 30, 2021 3.67 Mn
Jun 30, 2021 3.67 Mn
Mar 31, 2021 -17.78 Mn
Mar 31, 2021 -17.78 Mn
Dec 31, 2020 15.97 Mn
Dec 31, 2020 15.97 Mn
Sep 30, 2020 19.19 Mn
Sep 30, 2020 19.19 Mn
Jun 30, 2020 990,000.00
Jun 30, 2020 990,000.00
Mar 31, 2020 17.94 Mn
Mar 31, 2020 17.94 Mn