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
DateValue
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