Shoals Technologies (SHLS) Depreciation Expense (2020 - 2025)
Historic Depreciation Expense for Shoals Technologies (SHLS) over the last 6 years, with Q3 2025 value amounting to $1.5 million.
- Shoals Technologies' Depreciation Expense rose 1538.46% to $1.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $5.7 million, marking a year-over-year increase of 2391.3%. This contributed to the annual value of $5.0 million for FY2024, which is 9230.77% up from last year.
- Shoals Technologies' Depreciation Expense amounted to $1.5 million in Q3 2025, which was up 1538.46% from $1.4 million recorded in Q2 2025.
- Over the past 5 years, Shoals Technologies' Depreciation Expense peaked at $1.5 million during Q3 2025, and registered a low of $400000.0 during Q1 2021.
- Moreover, its 5-year median value for Depreciation Expense was $600000.0 (2023), whereas its average is $826315.8.
- Per our database at Business Quant, Shoals Technologies' Depreciation Expense changed by 0.0% in 2021 and then surged by 12000.0% in 2024.
- Quarter analysis of 5 years shows Shoals Technologies' Depreciation Expense stood at $400000.0 in 2021, then increased by 25.0% to $500000.0 in 2022, then soared by 80.0% to $900000.0 in 2023, then soared by 55.56% to $1.4 million in 2024, then grew by 7.14% to $1.5 million in 2025.
- Its Depreciation Expense stands at $1.5 million for Q3 2025, versus $1.4 million for Q2 2025 and $1.4 million for Q1 2025.