Shoals Technologies (SHLS) Intangibles (2020 - 2026)
Shoals Technologies posted quarterly Intangibles of $31.6 million for Q1 2026, down 19.35% year-on-year from $39.2 million in Q1 2025, and down 5.66% on a QoQ basis from $33.5 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Intangibles data on file, last reported at $31.6 million in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 19.35% year-over-year to $31.6 million; the trailing twelve-month figure through Mar 2026 stood at $31.6 million (down 19.35% YoY), and the FY2025 full-year result was $33.5 million, down 18.46% from the prior year.
- Intangibles for Q1 2026 stood at $31.6 million, down from $33.5 million in the prior quarter.
- Across five years, Intangibles topped out at $63.0 million in Q1 2022 and bottomed at $31.6 million in Q1 2026.
- The 5-year median for Intangibles is $46.8 million (2024), against an average of $46.9 million.
- The widest annual swing landed in 2022, when Intangibles decreased 10.04%; it then declined 19.35% in 2026.
- A 5-year view of Intangibles shows it stood at $56.6 million in 2022, then dropped by 13.99% to $48.7 million in 2023, then fell by 15.59% to $41.1 million in 2024, then fell by 18.46% to $33.5 million in 2025, then fell by 5.66% to $31.6 million in 2026.
- The last three Intangibles figures came in at $31.6 million (Q1 2026), $33.5 million (Q4 2025), and $35.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 98.15 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 17.56 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 6.42 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 31.60 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 224.92 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 60.28 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.60 Mn |
| Dec 31, 2025 | 33.50 Mn |
| Sep 30, 2025 | 35.40 Mn |
| Jun 30, 2025 | 37.29 Mn |
| Mar 31, 2025 | 39.19 Mn |
| Dec 31, 2024 | 41.08 Mn |
| Sep 30, 2024 | 42.98 Mn |
| Jun 30, 2024 | 44.88 Mn |
| Mar 31, 2024 | 46.77 Mn |
| Dec 31, 2023 | 48.67 Mn |
| Sep 30, 2023 | 50.56 Mn |
| Jun 30, 2023 | 52.54 Mn |
| Mar 31, 2023 | 54.56 Mn |
| Dec 31, 2022 | 56.59 Mn |
| Sep 30, 2022 | 58.61 Mn |
| Jun 30, 2022 | 60.73 Mn |
| Mar 31, 2022 | 62.97 Mn |
| Dec 31, 2021 | 65.24 Mn |
| Sep 30, 2021 | 67.51 Mn |
| Jun 30, 2021 | 68.00 Mn |
| Mar 31, 2021 | 69.99 Mn |
| Dec 31, 2020 | 71.99 Mn |