Shoals Technologies (SHLS) Goodwill & Intangibles (2020 - 2026)
Shoals Technologies' Goodwill & Intangibles was $99.65 million in Q2 2026, down 7.1% from $107.23 million a year earlier and down 1.9% from the prior quarter.
Shoals Technologies (SHLS) Goodwill & Intangibles (2020 - 2026) Analysis & Trends
At the end of FY2025, Goodwill & Intangibles at Shoals Technologies came in at $103.44 million, down 6.8% from FY2024.
- Goodwill & Intangibles has now declined for four consecutive years, with a five-year compound annual growth rate of -3.3% (FY2020 to FY2025).
- In earlier years, Goodwill & Intangibles was $111.02 million in FY2024 (-6.4%), $118.61 million in FY2023 (-6.3%), $126.53 million in FY2022 (-6.0%) and $134.67 million in FY2021 (+10.2%).
- The Q2 2026 figure marks the lowest quarterly Goodwill & Intangibles in data going back to Q4 2020.
- Compared with a year earlier, Goodwill & Intangibles has declined for 16 straight quarters, with an average decline of 6.7% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was Q2 2022 (growth of 10.6%); the worst was Q2 2026 (a decline of 7.1%).
- Per Business Quant data, SHLS's Goodwill & Intangibles in the three quarters before Q2 2026 was $101.54 million (Q1 2026), $103.44 million (Q4 2025) and $105.34 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.37 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.65 Mn |
| Mar 31, 2026 | 101.54 Mn |
| Dec 31, 2025 | 103.44 Mn |
| Sep 30, 2025 | 105.34 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 | 126.53 Mn |
| Sep 30, 2022 | 128.55 Mn |
| Jun 30, 2022 | 130.67 Mn |
| Mar 31, 2022 | 132.40 Mn |
| Dec 31, 2021 | 134.67 Mn |
| Sep 30, 2021 | 136.83 Mn |
Shoals Technologies Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();