Shoals Technologies (SHLS) Equity Average (2020 - 2026)
Shoals Technologies (SHLS) reported Equity Average of $600.8 million for Q1 2026, up 7.7% on a YoY basis from $557.9 million in Q1 2025, and up 1.01% quarter-over-quarter from $594.8 million in Q4 2025.
Shoals Technologies (SHLS) Equity Average (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Equity Average for 7 years, with the latest figure at $600.8 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Average rose 7.7% year-over-year to $600.8 million; the trailing twelve-month figure through Mar 2026 stood at $600.8 million (up 7.7% YoY), and the FY2025 full-year result was $578.4 million, up 4.99% from the prior year.
- Equity Average for Q1 2026 stood at $600.8 million, up from $594.8 million in the prior quarter.
- The five-year high for Equity Average was $600.8 million in Q1 2026, with the low at -$4.5 million in Q1 2022.
- Historically, Equity Average has averaged $426.9 million across 5 years, with a median of $544.9 million in 2024.
- Annual changes were most pronounced in 2023 — Equity Average surged 14709.57% — and 2025, when it increased 1.52%.
- Shoals Technologies' Equity Average stood at $161.8 million in 2022, then soared by 230.48% to $534.8 million in 2023, then rose by 3.03% to $551.0 million in 2024, then advanced by 7.95% to $594.8 million in 2025, then advanced by 1.01% to $600.8 million in 2026.
- The last three Equity Average figures came in at $600.8 million (Q1 2026), $594.8 million (Q4 2025), and $582.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 9.71 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 2.24 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.09 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 419.09 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 3.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 600.81 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -210.36 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 34.23 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 600.81 Mn |
| Dec 31, 2025 | 594.81 Mn |
| Sep 30, 2025 | 582.52 Mn |
| Jun 30, 2025 | 567.17 Mn |
| Mar 31, 2025 | 557.86 Mn |
| Dec 31, 2024 | 551.00 Mn |
| Sep 30, 2024 | 544.89 Mn |
| Jun 30, 2024 | 549.28 Mn |
| Mar 31, 2024 | 549.49 Mn |
| Dec 31, 2023 | 534.82 Mn |
| Sep 30, 2023 | 527.02 Mn |
| Jun 30, 2023 | 517.74 Mn |
| Mar 31, 2023 | 403.53 Mn |
| Dec 31, 2022 | 161.83 Mn |
| Sep 30, 2022 | 15.56 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | -4.47 Mn |
| Dec 31, 2021 | -9.31 Mn |
| Sep 30, 2021 | -22.92 Mn |
| Jun 30, 2021 | -38.79 Mn |