Shoals Technologies (SHLS) Depreciation & Amortization (CF) (2020 - 2026)

Shoals Technologies (SHLS) posted Depreciation & Amortization (CF) of $4.1 million for Q1 2026, up 6.99% on a QoQ basis from $3.8 million in Q4 2025, and up 24.76% year-over-year from $3.3 million in Q1 2025.

Shoals Technologies (SHLS) Depreciation & Amortization (CF) (2020 - 2026) Analysis & Trends

Shoals Technologies' Depreciation & Amortization (CF) history runs 7 years deep, the most recent figure standing at $4.1 million for Q1 2026.

  • Quarterly Depreciation & Amortization (CF) rose 24.76% year-over-year to $4.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.6 million (up 13.32% YoY) and the FY2025 annual result came in at $13.8 million, up 9.43% from the prior year.
  • Depreciation & Amortization (CF) was $4.1 million for Q1 2026 at Shoals Technologies, up from $3.8 million in the prior quarter.
  • Across five years, Depreciation & Amortization (CF) topped out at $4.1 million in Q1 2026 and bottomed at $2.5 million in Q1 2023.
  • A 5-year average of $3.0 million and a median of $3.0 million in 2024 frame the typical range for Depreciation & Amortization (CF).
  • Annual changes were most pronounced in 2022 — Depreciation & Amortization (CF) decreased 7.39% — and 2026, when it advanced 24.76%.
  • Shoals Technologies' Depreciation & Amortization (CF) stood at $2.5 million in 2022, then rose by 11.04% to $2.8 million in 2023, then increased by 18.28% to $3.3 million in 2024, then climbed by 16.36% to $3.8 million in 2025, then increased by 6.99% to $4.1 million in 2026.
  • Business Quant data shows SHLS's Depreciation & Amortization (CF) at $4.1 million in Q1 2026, $3.8 million in Q4 2025, and $3.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation & Amortization (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 143.80 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 9.02 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 20.82 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 5.94 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 189.56 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 4.10 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 9.75 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 4.10 Mn
Mar 31, 2026 4.10 Mn
Dec 31, 2025 3.83 Mn
Dec 31, 2025 3.83 Mn
Sep 30, 2025 3.36 Mn
Sep 30, 2025 3.36 Mn
Jun 30, 2025 3.34 Mn
Jun 30, 2025 3.34 Mn
Mar 31, 2025 3.29 Mn
Mar 31, 2025 3.29 Mn
Dec 31, 2024 3.29 Mn
Dec 31, 2024 3.29 Mn
Sep 30, 2024 3.15 Mn
Sep 30, 2024 3.15 Mn
Jun 30, 2024 3.18 Mn
Jun 30, 2024 3.18 Mn
Mar 31, 2024 3.00 Mn
Mar 31, 2024 3.00 Mn
Dec 31, 2023 2.79 Mn
Dec 31, 2023 2.79 Mn