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| 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 |