Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026)
Shoals Technologies (SHLS) posted Deferred Taxes of -$89000.0 for Q1 2026, down 101.6% on a QoQ basis from $5.6 million in Q4 2025, and down 103.89% year-over-year from $2.3 million in Q1 2025.
Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026) Analysis & Trends
Shoals Technologies' Deferred Taxes history runs 6 years deep, the most recent figure standing at -$89000.0 for Q1 2026.
- Quarterly Deferred Taxes fell 103.89% year-over-year to -$89000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.8 million (down 0.53% YoY) and the FY2025 annual result came in at $16.1 million, up 14.94% from the prior year.
- Deferred Taxes was -$89000.0 for Q1 2026 at Shoals Technologies, down from $5.6 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $8.9 million in Q4 2023 and bottomed at -$6.5 million in Q3 2023.
- A 5-year average of $2.9 million and a median of $3.0 million in 2023 frame the typical range for Deferred Taxes.
- Peak annual rise in Deferred Taxes reached 316.95% in 2023, while the deepest fall reached 364.97% in 2023.
- Shoals Technologies' Deferred Taxes stood at $3.1 million in 2022, then surged by 185.74% to $8.9 million in 2023, then slumped by 34.1% to $5.9 million in 2024, then declined by 5.01% to $5.6 million in 2025, then slumped by 101.6% to -$89000.0 in 2026.
- Business Quant data shows SHLS's Deferred Taxes at -$89000.0 in Q1 2026, $5.6 million in Q4 2025, and $4.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -3.13 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 7.07 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -89,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -1.60 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.16 Mn |
| Jun 30, 2021 | -1.08 Mn |