Shoals Technologies (SHLS) Common Equity (2020 - 2026)
Shoals Technologies (SHLS) recorded Common Equity of $617.22 million in Q2 2026, up 7.3% from $575.41 million a year earlier and up 2.6% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Common Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies reported Common Equity of $599.97 million, up 7.8% from FY2024.
- Annual Common Equity has increased for three straight years.
- Across earlier years, Common Equity came in at $556.8 million in FY2024 (+2.2%), $545 million in FY2023 (+81.1%), $300.99 million in FY2022 and -$7.5 million in FY2021.
- The Q2 2026 figure is the highest quarterly Common Equity in data going back to Q1 2020.
- On a year-over-year basis, Common Equity has increased for 11 consecutive quarters, with growth averaging 5.4% over the last eight quarters.
- The year-over-year growth in Common Equity has ranged between 0.9% (Q1 2025) and 81.1% (Q4 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at $601.65 million (Q1 2026), $599.97 million (Q4 2025) and $589.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 10.32 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 1.33 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 2.88 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 2.56 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.97 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.18 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.88 Bn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 617.22 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Shoals Technologies Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();