Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023)

Shoals Technologies' (SHLS) quarterly Income from Non-Controlling Interests came in at $2.7 million in Q1 2023, up 33.75% YoY from $2.0 million in Q1 2022, and down 52.79% on a QoQ basis from $5.7 million in Q4 2022.

Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023) Analysis & Trends

Shoals Technologies (SHLS) has 3 years of Income from Non-Controlling Interests data on file, last reported at $2.7 million in Q1 2023.

  • Quarterly Income from Non-Controlling Interests rose 33.75% year-over-year to $2.7 million in Q1 2023, while the trailing twelve-month figure through Dec 2023 was $2.7 million (down 82.55% YoY) and the FY2023 annual result came in at $2.7 million, down 82.55% from the prior year.
  • Income from Non-Controlling Interests declined to $2.7 million in Q1 2023, from $5.7 million in the prior quarter.
  • In the past five years, Income from Non-Controlling Interests ranged from a high of $5.7 million in Q4 2022 to a low of -$5.5 million in Q1 2021.
  • A 3-year average of $2.2 million and a median of $2.8 million in 2021 frame the typical range for Income from Non-Controlling Interests.
  • The widest YoY moves for Income from Non-Controlling Interests: up 1906.67% in 2022, down 36.88% in 2022.
  • Tracing SHLS's Income from Non-Controlling Interests over 3 years: stood at -$315000.0 in 2021, then jumped by 1906.67% to $5.7 million in 2022, then sank by 52.79% to $2.7 million in 2023.
  • The last three Income from Non-Controlling Interests figures came in at $2.7 million (Q1 2023), $5.7 million (Q4 2022), and $4.8 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (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 -323.33 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 -44.46 Mn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 65.15 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
DateValue
Mar 31, 2023 2.69 Mn
Dec 31, 2022 5.69 Mn
Sep 30, 2022 4.80 Mn
Jun 30, 2022 2.90 Mn
Mar 31, 2022 2.01 Mn
Dec 31, 2021 -315,000.00
Sep 30, 2021 2.79 Mn
Jun 30, 2021 4.60 Mn
Mar 31, 2021 -5.48 Mn