Shoals Technologies (SHLS) Current Assets (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Current Assets came in at $382.5 million in Q1 2026, up 103.75% YoY from $187.7 million in Q1 2025, and up 48.34% on a QoQ basis from $257.9 million in Q4 2025.
Shoals Technologies (SHLS) Current Assets (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Current Assets data on file, last reported at $382.5 million in Q1 2026.
- Quarterly Current Assets rose 103.75% year-over-year to $382.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $382.5 million (up 103.75% YoY) and the FY2025 annual result came in at $257.9 million, up 36.92% from the prior year.
- Current Assets climbed to $382.5 million in Q1 2026, from $257.9 million in the prior quarter.
- In the past five years, Current Assets ranged from a high of $382.5 million in Q1 2026 to a low of $137.7 million in Q1 2022.
- A 5-year average of $202.3 million and a median of $190.1 million in 2025 frame the typical range for Current Assets.
- Annual changes were most pronounced in 2024 — Current Assets decreased 17.09% — and 2026, when it jumped 103.75%.
- Tracing SHLS's Current Assets over 5 years: stood at $153.5 million in 2022, then jumped by 47.97% to $227.2 million in 2023, then declined by 17.09% to $188.4 million in 2024, then surged by 36.92% to $257.9 million in 2025, then jumped by 48.34% to $382.5 million in 2026.
- The last three Current Assets figures came in at $382.5 million (Q1 2026), $257.9 million (Q4 2025), and $201.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 5.32 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 3.03 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 1.95 Bn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 2.17 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 1.87 Bn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 369.46 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 5.98 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 10.54 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 891.79 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 207.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 369.46 Mn |
| Mar 31, 2026 | 382.54 Mn |
| Dec 31, 2025 | 257.89 Mn |
| Sep 30, 2025 | 201.19 Mn |
| Jun 30, 2025 | 190.07 Mn |
| Mar 31, 2025 | 187.75 Mn |
| Dec 31, 2024 | 188.35 Mn |
| Sep 30, 2024 | 190.77 Mn |
| Jun 30, 2024 | 177.26 Mn |
| Mar 31, 2024 | 208.48 Mn |
| Dec 31, 2023 | 227.19 Mn |
| Sep 30, 2023 | 214.24 Mn |
| Jun 30, 2023 | 200.12 Mn |
| Mar 31, 2023 | 183.36 Mn |
| Dec 31, 2022 | 153.54 Mn |
| Sep 30, 2022 | 183.18 Mn |
| Jun 30, 2022 | 156.29 Mn |
| Mar 31, 2022 | 137.70 Mn |
| Dec 31, 2021 | 93.45 Mn |
| Sep 30, 2021 | 108.87 Mn |