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| 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 |
| 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 |