Shoals Technologies (SHLS) Depreciation & Amortization (IS) (2020 - 2026)
Shoals Technologies posted quarterly Depreciation & Amortization (IS) of $2.3 million for Q1 2026, up 6.7% year-on-year from $2.1 million in Q1 2025, and up 5.17% on a QoQ basis from $2.2 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Depreciation & Amortization (IS) data on file, last reported at $2.3 million in Q1 2026.
- For the quarter ending Q1 2026, Depreciation & Amortization (IS) rose 6.7% year-over-year to $2.3 million; the trailing twelve-month figure through Mar 2026 stood at $8.7 million (up 1.39% YoY), and the FY2025 full-year result was $8.6 million, changed 0.09% from the prior year.
- Depreciation & Amortization (IS) for Q1 2026 stood at $2.3 million, up from $2.2 million in the prior quarter.
- Across five years, Depreciation & Amortization (IS) topped out at $2.4 million in Q1 2022 and bottomed at $2.1 million in Q4 2023.
- The 5-year median for Depreciation & Amortization (IS) is $2.2 million (2023), against an average of $2.2 million.
- The widest annual swing landed in 2022, when Depreciation & Amortization (IS) grew 14.41%; it then declined 8.5% in 2023.
- A 5-year view of Depreciation & Amortization (IS) shows it stood at $2.1 million in 2022, then declined by 3.61% to $2.1 million in 2023, then increased by 5.98% to $2.2 million in 2024, then dropped by 0.64% to $2.2 million in 2025, then grew by 5.17% to $2.3 million in 2026.
- The last three Depreciation & Amortization (IS) figures came in at $2.3 million (Q1 2026), $2.2 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 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 | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.28 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 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.28 Mn |
| Dec 31, 2025 | 2.17 Mn |
| Sep 30, 2025 | 2.16 Mn |
| Jun 30, 2025 | 2.14 Mn |
| Mar 31, 2025 | 2.14 Mn |
| Dec 31, 2024 | 2.18 Mn |
| Sep 30, 2024 | 2.11 Mn |
| Jun 30, 2024 | 2.20 Mn |
| Mar 31, 2024 | 2.10 Mn |
| Dec 31, 2023 | 2.06 Mn |
| Sep 30, 2023 | 2.17 Mn |
| Jun 30, 2023 | 2.16 Mn |
| Mar 31, 2023 | 2.17 Mn |
| Dec 31, 2022 | 2.13 Mn |
| Sep 30, 2022 | 2.23 Mn |
| Jun 30, 2022 | 2.34 Mn |
| Mar 31, 2022 | 2.37 Mn |
| Dec 31, 2021 | 2.22 Mn |
| Sep 30, 2021 | 2.18 Mn |
| Jun 30, 2021 | 2.06 Mn |
| Mar 31, 2021 | 2.07 Mn |
| Dec 31, 2020 | 2.07 Mn |
| Sep 30, 2020 | 2.07 Mn |
| Jun 30, 2020 | 2.06 Mn |
| Mar 31, 2020 | 2.06 Mn |