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| Date | Value |
|---|---|
| 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 |