Growth Metrics

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

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

Shoals Technologies (SHLS) has 7 years of Depreciation and Depletion data on file, last reported at $2.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation and Depletion rose 57.14% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $7.0 million (up 29.63% YoY), and the FY2025 full-year result was $6.2 million, up 24.0% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at $2.2 million, 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.
  • The 5-year median for Depreciation and Depletion is $1.1 million (2024), against an average of $1.1 million.
  • The widest annual swing landed in 2022, when Depreciation and Depletion changed 0.0%; it then soared 120.0% in 2024.
  • A 5-year view of Depreciation and Depletion shows it stood at $500000.0 in 2022, then jumped by 80.0% to $900000.0 in 2023, then soared by 55.56% to $1.4 million in 2024, then surged by 35.71% to $1.9 million in 2025, then advanced by 15.79% to $2.2 million in 2026.
  • The last three Depreciation and Depletion figures came in at $2.2 million (Q1 2026), $1.9 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 143.80 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 181.10 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 2.20 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 2.40 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 300,000.00

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
Sep 30, 2023 700,000.00
Sep 30, 2023 700,000.00
Jun 30, 2023 600,000.00
Jun 30, 2023 600,000.00
Mar 31, 2023 500,000.00
Mar 31, 2023 500,000.00
Dec 31, 2022 500,000.00
Dec 31, 2022 500,000.00
Sep 30, 2022 500,000.00
Sep 30, 2022 500,000.00
Jun 30, 2022 500,000.00
Jun 30, 2022 500,000.00
Mar 31, 2022 400,000.00
Mar 31, 2022 400,000.00
Dec 31, 2021 400,000.00
Dec 31, 2021 400,000.00
Sep 30, 2021 500,000.00
Sep 30, 2021 500,000.00
Jun 30, 2021 400,000.00
Jun 30, 2021 400,000.00
Mar 31, 2021 400,000.00
Mar 31, 2021 400,000.00
Dec 31, 2020 400,000.00
Dec 31, 2020 400,000.00
Sep 30, 2020 400,000.00
Sep 30, 2020 400,000.00
Jun 30, 2020 300,000.00
Jun 30, 2020 300,000.00
Mar 31, 2020 300,000.00
Mar 31, 2020 300,000.00