Shoals Technologies (SHLS) Current Assets (2020 - 2026)
Shoals Technologies (SHLS) reported Current Assets of $382.5 million for Q1 2026, up 103.75% on a YoY basis from $187.7 million in Q1 2025, and up 48.34% quarter-over-quarter from $257.9 million in Q4 2025.
Shoals Technologies (SHLS) Current Assets (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Current Assets for 7 years, with the latest figure at $382.5 million in Q1 2026.
- For the quarter ending Q1 2026, Current Assets rose 103.75% year-over-year to $382.5 million; the trailing twelve-month figure through Mar 2026 stood at $382.5 million (up 103.75% YoY), and the FY2025 full-year result was $257.9 million, up 36.92% from the prior year.
- Current Assets for Q1 2026 stood at $382.5 million, up from $257.9 million in the prior quarter.
- The five-year high for Current Assets was $382.5 million in Q1 2026, with the low at $137.7 million in Q1 2022.
- Historically, Current Assets has averaged $202.3 million across 5 years, with a median of $190.1 million in 2025.
- Annual changes were most pronounced in 2024 — Current Assets decreased 17.09% — and 2026, when it jumped 103.75%.
- Shoals Technologies' Current Assets 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 5.65 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 2.85 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.83 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.82 Bn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 1.97 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 382.54 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 879.42 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 10.54 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 55.12 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 34.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 91.51 Mn |