Shoals Technologies (SHLS) Change in Inventory (2020 - 2026)

Shoals Technologies has reported Change in Inventory for 7 years, with the latest figure at $69.6 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Inventory rose 1178.14% year-over-year to $69.6 million; the trailing twelve-month figure through Mar 2026 stood at $99.3 million (up 2091.88% YoY), and the FY2025 full-year result was $35.1 million, up 500.84% from the prior year.
• Change in Inventory for Q1 2026 stood at $69.6 million, up from $29.6 million in the prior quarter.
• The five-year high for Change in Inventory was $69.6 million in Q1 2026, with the low at -$8.7 million in Q4 2024.
• Historically, Change in Inventory has averaged $7.8 million across 5 years, with a median of $3.9 million in 2025.
• Annual changes were most pronounced in 2022 — Change in Inventory surged 8951.67% — and 2025, when it plunged 530.98%.
• Shoals Technologies' Change in Inventory stood at -$6.7 million in 2022, then decreased by 1.21% to -$6.8 million in 2023, then fell by 28.97% to -$8.7 million in 2024, then surged by 440.27% to $29.6 million in 2025, then surged by 134.9% to $69.6 million in 2026.
• The last three Change in Inventory figures came in at $69.6 million (Q1 2026), $29.6 million (Q4 2025), and $3.9 million (Q3 2025), per Business Quant data.