Shoals Technologies (SHLS) Common Equity (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Common Equity came in at $601.6 million in Q1 2026, up 7.64% YoY from $558.9 million in Q1 2025, and little changed on a QoQ basis from $600.0 million in Q4 2025.
Shoals Technologies (SHLS) Common Equity (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Common Equity data on file, last reported at $601.6 million in Q1 2026.
- Quarterly Common Equity rose 7.64% year-over-year to $601.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $601.6 million (up 7.64% YoY) and the FY2025 annual result came in at $600.0 million, up 7.75% from the prior year.
- Common Equity steadied at $601.6 million in Q1 2026, from $600.0 million in the prior quarter.
- In the past five years, Common Equity ranged from a high of $601.6 million in Q1 2026 to a low of -$1.4 million in Q1 2022.
- A 5-year average of $444.8 million and a median of $545.0 million in 2023 frame the typical range for Common Equity.
- Annual changes were most pronounced in 2023 — Common Equity surged 35050.28% — and 2025, when it increased 0.89%.
- Tracing SHLS's Common Equity over 5 years: stood at $301.0 million in 2022, then soared by 81.07% to $545.0 million in 2023, then grew by 2.17% to $556.8 million in 2024, then gained by 7.75% to $600.0 million in 2025, then grew by 0.28% to $601.6 million in 2026.
- The last three Common Equity figures came in at $601.6 million (Q1 2026), $600.0 million (Q4 2025), and $589.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 10.32 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 2.56 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 1.18 Bn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 4.39 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 412.09 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 617.22 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 3.94 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 3.92 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | -202.08 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 139.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 617.22 Mn |
| Mar 31, 2026 | 601.65 Mn |
| Dec 31, 2025 | 599.97 Mn |
| Sep 30, 2025 | 589.64 Mn |
| Jun 30, 2025 | 575.41 Mn |
| Mar 31, 2025 | 558.93 Mn |
| Dec 31, 2024 | 556.80 Mn |
| Sep 30, 2024 | 545.20 Mn |
| Jun 30, 2024 | 544.59 Mn |
| Mar 31, 2024 | 553.98 Mn |
| Dec 31, 2023 | 545.00 Mn |
| Sep 30, 2023 | 524.64 Mn |
| Jun 30, 2023 | 529.41 Mn |
| Mar 31, 2023 | 506.08 Mn |
| Dec 31, 2022 | 300.99 Mn |
| Sep 30, 2022 | 22.67 Mn |
| Jun 30, 2022 | 8.44 Mn |
| Mar 31, 2022 | -1.45 Mn |
| Dec 31, 2021 | -7.50 Mn |
| Sep 30, 2021 | -11.13 Mn |