Shoals Technologies (SHLS) Depreciation & Amortization (CF) (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Depreciation & Amortization (CF) came in at $4.1 million in Q1 2026, up 24.76% YoY 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) Depreciation & Amortization (CF) (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Depreciation & Amortization (CF) data on file, last reported at $4.1 million in 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) climbed to $4.1 million in Q1 2026, from $3.8 million in the prior quarter.
- In the past five years, Depreciation & Amortization (CF) ranged from a high of $4.1 million in Q1 2026 to a low of $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) declined 7.39% — and 2026, when it increased 24.76%.
- Tracing SHLS's Depreciation & Amortization (CF) over 5 years: 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 8.77 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 20.20 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 192.79 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 5.75 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 4.63 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 8.07 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.63 Mn |
| Jun 30, 2026 | 4.63 Mn |
| 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 |