Shoals Technologies (SHLS) Current Assets (2019 - 2026)
Shoals Technologies (SHLS) reported Current Assets of $341.13 million for Q3 2026, up 69.6% from $201.19 million a year earlier but down 7.7% from the prior quarter.
Shoals Technologies (SHLS) Current Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies posted Current Assets of $257.89 million, up 36.9% from FY2024.
- Current Assets has a five-year compound annual growth rate of 35.7% (FY2020 to FY2025).
- By year, Current Assets came in at $188.35 million in FY2024 (-17.1%), $227.19 million in FY2023 (+48.0%), $153.54 million in FY2022 (+64.3%) and $93.45 million in FY2021 (+66.4%).
- Five-year quarterly Current Assets spans a low of $93.45 million in Q4 2021 and a high of $382.54 million in Q1 2026.
- Year over year, Current Assets has now increased in each of the last six quarters, with growth averaging 36.3% over the last eight quarters.
- The high point for year-over-year Current Assets in five years was Q1 2026 (growth of 103.8%); the low point was Q4 2024 (a decline of 17.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $369.46 million (Q2 2026), $382.54 million (Q1 2026) and $257.89 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 51.68 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 5.21 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 5.31 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 3.06 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 1.80 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 2.80 Bn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 2.92 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 1.90 Bn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 904.90 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 341.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 341.13 Mn |
| 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 |
Shoals Technologies Current Assets 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=current-assets&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();