Growth Metrics

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

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

Shoals Technologies (SHLS) has 7 years of Depreciation & Amortization (CF) data on file, last reported 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.
  • Across five years, Depreciation & Amortization (CF) topped out at $4.1 million in Q1 2026 and bottomed at $2.5 million in Q1 2023.
  • The 5-year median for Depreciation & Amortization (CF) is $3.0 million (2024), against an average of $3.0 million.
  • The widest annual swing landed in 2022, when Depreciation & Amortization (CF) declined 7.39%; it then increased 24.76% in 2026.
  • A 5-year view of Depreciation & Amortization (CF) shows it stood at $2.5 million in 2022, then increased by 11.04% to $2.8 million in 2023, then grew by 18.28% to $3.3 million in 2024, then advanced by 16.36% to $3.8 million in 2025, then grew 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 26.65 Bn 24.22 Bn 486.13 Mn 147.39 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 9.02 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 20.82 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 5.94 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 189.56 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 4.10 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 8.08 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 327,000.00

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
Sep 30, 2023 2.65 Mn
Sep 30, 2023 2.65 Mn
Jun 30, 2023 2.59 Mn
Jun 30, 2023 2.59 Mn
Mar 31, 2023 2.51 Mn
Mar 31, 2023 2.51 Mn
Dec 31, 2022 2.51 Mn
Dec 31, 2022 2.51 Mn
Sep 30, 2022 2.60 Mn
Sep 30, 2022 2.60 Mn
Jun 30, 2022 2.71 Mn
Jun 30, 2022 2.71 Mn
Mar 31, 2022 2.69 Mn
Mar 31, 2022 2.69 Mn
Dec 31, 2021 2.71 Mn
Dec 31, 2021 2.71 Mn
Sep 30, 2021 2.54 Mn
Sep 30, 2021 2.54 Mn
Jun 30, 2021 2.41 Mn
Jun 30, 2021 2.41 Mn
Mar 31, 2021 2.40 Mn
Mar 31, 2021 2.40 Mn
Dec 31, 2020 2.39 Mn
Dec 31, 2020 2.39 Mn
Sep 30, 2020 2.36 Mn
Sep 30, 2020 2.36 Mn
Jun 30, 2020 2.33 Mn
Jun 30, 2020 2.33 Mn
Mar 31, 2020 2.32 Mn
Mar 31, 2020 2.32 Mn