Shoals Technologies (SHLS) Depreciation Expense (2020 - 2026)

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

• For the quarter ending Q1 2026, Depreciation Expense 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 Expense for Q1 2026 stood at $2.2 million, up from $1.9 million in the prior quarter.
• Across five years, Depreciation Expense topped out at $2.2 million in Q1 2026 and bottomed at $400000.0 in Q1 2022.
• The 5-year median for Depreciation Expense is $1.1 million (2024), against an average of $1.1 million.
• The widest annual swing landed in 2022, when Depreciation Expense changed 0.0%; it then soared 120.0% in 2024.
• A 5-year view of Depreciation Expense 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 Expense figures came in at $2.2 million (Q1 2026), $1.9 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.

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