Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026)
Shoals Technologies' Deferred Taxes came in at $6.22 million for Q3 2026, up 56.2% from $3.98 million a year earlier and up 85.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shoals Technologies reported Deferred Taxes of $15.05 million, down 8.4% year-over-year; for FY2025, it was $16.13 million, up 14.9% from FY2024.
- Deferred Taxes has increased in each of the last three years.
- Going back by year, Deferred Taxes was $14.04 million in FY2024 (+23.8%), $11.33 million in FY2023 (+34.8%), $8.41 million in FY2022 and -$1.48 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Deferred Taxes since Q4 2023.
- Year-over-year, Deferred Taxes increased in three of the last seven quarters, with growth averaging 19.0%.
- The fastest year-over-year change in Deferred Taxes over five years came in Q2 2023 (growth of 316.9%), and the weakest in Q4 2024 (a decline of 34.1%).
- Business Quant data shows SHLS's Deferred Taxes at $3.36 million (Q2 2026), -$89,000 (Q1 2026) and $5.56 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 3.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | - |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | -25.59 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | - |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | -1.44 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | - |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | -976,000.00 |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | -2.70 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 6.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.22 Mn |
| Jun 30, 2026 | 3.36 Mn |
| Mar 31, 2026 | -89,000.00 |
| Dec 31, 2025 | 5.56 Mn |
| Sep 30, 2025 | 3.98 Mn |
| Jun 30, 2025 | 4.30 Mn |
| Mar 31, 2025 | 2.29 Mn |
| Dec 31, 2024 | 5.85 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 4.02 Mn |
| Mar 31, 2024 | 2.50 Mn |
| Dec 31, 2023 | 8.88 Mn |
| Sep 30, 2023 | -6.50 Mn |
| Jun 30, 2023 | 5.95 Mn |
| Mar 31, 2023 | 3.00 Mn |
| Dec 31, 2022 | 3.11 Mn |
| Sep 30, 2022 | 2.45 Mn |
| Jun 30, 2022 | 1.43 Mn |
| Mar 31, 2022 | 1.42 Mn |
| Dec 31, 2021 | -2.12 Mn |
API Access
Shoals Technologies Deferred Taxes 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=deferred-taxes&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();