Shoals Technologies (SHLS) Enterprise Value (2020 - 2026)
Shoals Technologies (SHLS) posted Enterprise Value of -$1.9 million for Q1 2026, up 74.36% on a QoQ basis from -$7.3 million in Q4 2025, and up 94.73% year-over-year from -$963904.4 in Q1 2025.
Shoals Technologies (SHLS) Enterprise Value (2020 - 2026) Analysis & Trends
Shoals Technologies' Enterprise Value history runs 7 years deep, the most recent figure standing at -$1.9 million for Q1 2026.
- Quarterly Enterprise Value rose 94.73% year-over-year to -$1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.9 million (up 94.73% YoY) and the FY2025 annual result came in at -$7.3 million, up 68.87% from the prior year.
- Enterprise Value was -$1.9 million for Q1 2026 at Shoals Technologies, up from -$7.3 million in the prior quarter.
- Across five years, Enterprise Value topped out at $849000.0 in Q4 2022 and bottomed at -$35.6 million in Q1 2025.
- A 5-year average of -$11.7 million and a median of -$9.2 million in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value surged 105.64% — and 2023, when it sank 2774.56%.
- Shoals Technologies' Enterprise Value stood at $849000.0 in 2022, then sank by 2774.56% to -$22.7 million in 2023, then retreated by 3.54% to -$23.5 million in 2024, then soared by 68.87% to -$7.3 million in 2025, then surged by 74.36% to -$1.9 million in 2026.
- Business Quant data shows SHLS's Enterprise Value at -$1.9 million in Q1 2026, -$7.3 million in Q4 2025, and -$8.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -2.43 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | -1.09 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -930.64 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -1.69 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -553.37 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 320.65 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -1.88 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -433.02 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -200.70 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -76.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.88 Mn |
| Dec 31, 2025 | -7.32 Mn |
| Sep 30, 2025 | -8.59 Mn |
| Jun 30, 2025 | -4.69 Mn |
| Mar 31, 2025 | -35.61 Mn |
| Dec 31, 2024 | -23.51 Mn |
| Sep 30, 2024 | -11.11 Mn |
| Jun 30, 2024 | -3.19 Mn |
| Mar 31, 2024 | -15.24 Mn |
| Dec 31, 2023 | -22.71 Mn |
| Sep 30, 2023 | -9.22 Mn |
| Jun 30, 2023 | -5.86 Mn |
| Mar 31, 2023 | -6.46 Mn |
| Dec 31, 2022 | 849,000.00 |
| Sep 30, 2022 | -14.94 Mn |
| Jun 30, 2022 | -16.81 Mn |
| Mar 31, 2022 | -11.87 Mn |
| Dec 31, 2021 | -15.06 Mn |
| Sep 30, 2021 | -26.17 Mn |
| Jun 30, 2021 | -33.00 Mn |