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| 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 |