Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Shoals Technologies' (SHLS) quarterly Change in Inventory came in at $27.5 million in Q2 2026, up 802.33% on a YoY basis from $3.0 million in Q2 2025, and down 60.57% quarter-over-quarter from $69.6 million in Q1 2026.

Analysis

Shoals Technologies (SHLS) Change in Inventory (2020 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported Change in Inventory for 7 consecutive years, with $27.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Change in Inventory rose 802.33% year-over-year to $27.5 million; the trailing twelve-month figure through Jun 2026 stood at $130.7 million (up 45783.57% YoY), and the FY2025 full-year result was $35.1 million, up 500.84% from the prior year.
  • Change in Inventory fell to $27.5 million in Q2 2026 per SHLS's latest filing, from $69.6 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $69.6 million in Q1 2026 and bottomed at -$8.7 million in Q4 2024.
  • Historically, Change in Inventory has averaged $8.9 million across 5 years, with a median of $4.7 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory soared 8951.67% in 2022, then sank 530.98% in 2025.
  • Over 5 years, Change in Inventory stood at -$6.7 million in 2022, then dropped by 1.21% to -$6.8 million in 2023, then decreased by 28.97% to -$8.7 million in 2024, then jumped by 440.27% to $29.6 million in 2025, then retreated by 7.39% to $27.5 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered $27.5 million, $69.6 million, and $29.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 162.14 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn -
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn -5.68 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -3.12 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 99.83 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 27.45 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn -
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn -
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn -
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.45 Mn
Mar 31, 2026 69.63 Mn
Dec 31, 2025 29.64 Mn
Sep 30, 2025 3.92 Mn
Jun 30, 2025 -3.91 Mn
Mar 31, 2025 5.45 Mn
Dec 31, 2024 -8.71 Mn
Sep 30, 2024 6.89 Mn
Jun 30, 2024 907,000.00
Mar 31, 2024 6.76 Mn
Dec 31, 2023 -6.76 Mn
Sep 30, 2023 -6.85 Mn
Jun 30, 2023 -4.60 Mn
Mar 31, 2023 3.20 Mn
Dec 31, 2022 -6.67 Mn
Sep 30, 2022 16.20 Mn
Jun 30, 2022 16.29 Mn
Mar 31, 2022 11.11 Mn
Dec 31, 2021 8.68 Mn
Sep 30, 2021 2.35 Mn