Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Deferred Taxes came in at -$89000.0 in Q1 2026, down 103.89% YoY from $2.3 million in Q1 2025, and down 101.6% on a QoQ basis from $5.6 million in Q4 2025.
Shoals Technologies (SHLS) Deferred Taxes (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 6 years of Deferred Taxes data on file, last reported at -$89000.0 in 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 retreated to -$89000.0 in Q1 2026, from $5.6 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $8.9 million in Q4 2023 to a low of -$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.
- The widest YoY moves for Deferred Taxes: up 316.95% in 2023, down 364.97% in 2023.
- Tracing SHLS's Deferred Taxes over 5 years: stood at $3.1 million in 2022, then soared by 185.74% to $8.9 million in 2023, then plunged by 34.1% to $5.9 million in 2024, then slipped by 5.01% to $5.6 million in 2025, then plunged by 101.6% to -$89000.0 in 2026.
- The last three Deferred Taxes figures came in at -$89000.0 (Q1 2026), $5.6 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.96 Bn | 21.23 Bn | 605.00 Mn | 3.83 Mn |
| 2 | Nextpower | 13.17 Bn | 11.95 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.12 Bn | 4.18 Bn | 175.01 Mn | 21.20 Mn |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 1.96 Mn |
| 5 | Solaredge Technologies | 1.90 Bn | 1.32 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | 3.36 Mn |
| 7 | Canadian Solar | 984.93 Mn | -603.36 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 839.49 Mn | -2.47 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 721.63 Mn | 414.33 Mn | 99.60 Mn | -1.04 Mn |
| 10 | Toyo | 177.47 Mn | 100.83 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.16 Mn |