Shoals Technologies (SHLS) Depreciation and Depletion (2020 - 2026)

Shoals Technologies (SHLS) posted Depreciation and Depletion of $2.2 million for Q1 2026, up 15.79% on a QoQ basis from $1.9 million in Q4 2025, and up 57.14% year-over-year from $1.4 million in Q1 2025.

Shoals Technologies (SHLS) Depreciation and Depletion (2020 - 2026) Analysis & Trends

Shoals Technologies' Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $2.2 million for Q1 2026.

  • Quarterly Depreciation and Depletion rose 57.14% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.0 million (up 29.63% YoY) and the FY2025 annual result came in at $6.2 million, up 24.0% from the prior year.
  • Depreciation and Depletion was $2.2 million for Q1 2026 at Shoals Technologies, up from $1.9 million in the prior quarter.
  • Across five years, Depreciation and Depletion topped out at $2.2 million in Q1 2026 and bottomed at $400000.0 in Q1 2022.
  • A 5-year average of $1.1 million and a median of $1.1 million in 2024 frame the typical range for Depreciation and Depletion.
  • Annual changes were most pronounced in 2022 — Depreciation and Depletion changed 0.0% — and 2024, when it soared 120.0%.
  • Shoals Technologies' Depreciation and Depletion stood at $500000.0 in 2022, then surged by 80.0% to $900000.0 in 2023, then jumped by 55.56% to $1.4 million in 2024, then soared by 35.71% to $1.9 million in 2025, then climbed by 15.79% to $2.2 million in 2026.
  • Business Quant data shows SHLS's Depreciation and Depletion at $2.2 million in Q1 2026, $1.9 million in Q4 2025, and $1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (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 -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 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 -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 181.10 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.20 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 2.40 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 2.20 Mn
Mar 31, 2026 2.20 Mn
Dec 31, 2025 1.90 Mn
Dec 31, 2025 1.90 Mn
Sep 30, 2025 1.50 Mn
Sep 30, 2025 1.50 Mn
Jun 30, 2025 1.40 Mn
Jun 30, 2025 1.40 Mn
Mar 31, 2025 1.40 Mn
Mar 31, 2025 1.40 Mn
Dec 31, 2024 1.40 Mn
Dec 31, 2024 1.40 Mn
Sep 30, 2024 1.30 Mn
Sep 30, 2024 1.30 Mn
Jun 30, 2024 1.30 Mn
Jun 30, 2024 1.30 Mn
Mar 31, 2024 1.10 Mn
Mar 31, 2024 1.10 Mn
Dec 31, 2023 900,000.00
Dec 31, 2023 900,000.00