Shoals Technologies (SHLS) Goodwill & Intangibles (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Goodwill & Intangibles came in at $101.5 million in Q1 2026, down 6.95% YoY from $109.1 million in Q1 2025, and down 1.79% on a QoQ basis from $103.4 million in Q4 2025.
Shoals Technologies (SHLS) Goodwill & Intangibles (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Goodwill & Intangibles data on file, last reported at $101.5 million in Q1 2026.
- Quarterly Goodwill & Intangibles fell 6.95% year-over-year to $101.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $101.5 million (down 6.95% YoY) and the FY2025 annual result came in at $103.4 million, down 6.87% from the prior year.
- Goodwill & Intangibles eased to $101.5 million in Q1 2026, from $103.4 million in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $132.4 million in Q1 2022 to a low of $101.5 million in Q1 2026.
- A 5-year average of $116.8 million and a median of $116.7 million in 2024 frame the typical range for Goodwill & Intangibles.
- Annual changes were most pronounced in 2022 — Goodwill & Intangibles advanced 10.57% — and 2026, when it retreated 6.95%.
- Tracing SHLS's Goodwill & Intangibles over 5 years: stood at $126.5 million in 2022, then slipped by 6.23% to $118.6 million in 2023, then fell by 6.39% to $111.0 million in 2024, then slipped by 6.87% to $103.4 million in 2025, then slipped by 1.79% to $101.5 million in 2026.
- The last three Goodwill & Intangibles figures came in at $101.5 million (Q1 2026), $103.4 million (Q4 2025), and $105.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 99.65 Mn |
| Mar 31, 2026 | 101.54 Mn |
| Dec 31, 2025 | 103.40 Mn |
| Sep 30, 2025 | 105.30 Mn |
| Jun 30, 2025 | 107.23 Mn |
| Mar 31, 2025 | 109.13 Mn |
| Dec 31, 2024 | 111.02 Mn |
| Sep 30, 2024 | 112.92 Mn |
| Jun 30, 2024 | 114.82 Mn |
| Mar 31, 2024 | 116.71 Mn |
| Dec 31, 2023 | 118.61 Mn |
| Sep 30, 2023 | 120.51 Mn |
| Jun 30, 2023 | 122.48 Mn |
| Mar 31, 2023 | 124.50 Mn |
| Dec 31, 2022 | 126.49 Mn |
| Sep 30, 2022 | 128.51 Mn |
| Jun 30, 2022 | 130.67 Mn |
| Mar 31, 2022 | 132.40 Mn |
| Dec 31, 2021 | 134.67 Mn |
| Sep 30, 2021 | 136.81 Mn |