Shoals Technologies (SHLS) Depreciation & Amortization (CF) (2020 - 2026)
Shoals Technologies (SHLS) reported Depreciation & Amortization (CF) of $4.1 million for Q1 2026, up 24.76% on a YoY basis from $3.3 million in Q1 2025, and up 6.99% quarter-over-quarter from $3.8 million in Q4 2025.
Shoals Technologies (SHLS) Depreciation & Amortization (CF) (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Depreciation & Amortization (CF) for 7 years, with the latest figure at $4.1 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation & Amortization (CF) rose 24.76% year-over-year to $4.1 million; the trailing twelve-month figure through Mar 2026 stood at $14.6 million (up 13.32% YoY), and the FY2025 full-year result was $13.8 million, up 9.43% from the prior year.
- Depreciation & Amortization (CF) for Q1 2026 stood at $4.1 million, up from $3.8 million in the prior quarter.
- The five-year high for Depreciation & Amortization (CF) was $4.1 million in Q1 2026, with the low at $2.5 million in Q1 2023.
- Historically, Depreciation & Amortization (CF) has averaged $3.0 million across 5 years, with a median of $3.0 million in 2024.
- Annual changes were most pronounced in 2022 — Depreciation & Amortization (CF) declined 7.39% — and 2026, when it increased 24.76%.
- Shoals Technologies' Depreciation & Amortization (CF) stood at $2.5 million in 2022, then grew by 11.04% to $2.8 million in 2023, then climbed by 18.28% to $3.3 million in 2024, then gained by 16.36% to $3.8 million in 2025, then climbed by 6.99% to $4.1 million in 2026.
- The last three Depreciation & Amortization (CF) figures came in at $4.1 million (Q1 2026), $3.8 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 147.39 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 9.02 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 20.82 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 5.94 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 189.56 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 4.10 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 8.08 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 327,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |