Growth Metrics

Shoals Technologies (SHLS) Equity Average (2020 - 2026)

Shoals Technologies posted quarterly Equity Average of $600.8 million for Q1 2026, up 7.7% year-on-year from $557.9 million in Q1 2025, and up 1.01% on a QoQ basis from $594.8 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Equity Average data on file, last reported 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.
  • Across five years, Equity Average topped out at $600.8 million in Q1 2026 and bottomed at -$4.5 million in Q1 2022.
  • The 5-year median for Equity Average is $544.9 million (2024), against an average of $426.9 million.
  • The widest annual swing landed in 2023, when Equity Average surged 14709.57%; it then increased 1.52% in 2025.
  • A 5-year view of Equity Average shows it stood at $161.8 million in 2022, then jumped by 230.48% to $534.8 million in 2023, then gained by 3.03% to $551.0 million in 2024, then climbed by 7.95% to $594.8 million in 2025, then climbed 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 26.65 Bn 24.22 Bn 486.13 Mn 9.71 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 2.24 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1,436.10 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.09 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 419.09 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 3.81 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 600.81 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -210.36 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 3.80 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 34.23 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
Mar 31, 2021 -113.49 Mn
Dec 31, 2020 -4.42 Mn
Sep 30, 2020 173.10 Mn
Jun 30, 2020 164.95 Mn