Shoals Technologies (SHLS) Intangibles (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Intangibles came in at $31.6 million in Q1 2026, down 19.35% YoY 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) Intangibles (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Intangibles data on file, last reported at $31.6 million in Q1 2026.
- Quarterly Intangibles fell 19.35% year-over-year to $31.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.6 million (down 19.35% YoY) and the FY2025 annual result came in at $33.5 million, down 18.46% from the prior year.
- Intangibles slipped to $31.6 million in Q1 2026, from $33.5 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $63.0 million in Q1 2022 to a low of $31.6 million in Q1 2026.
- A 5-year average of $46.9 million and a median of $46.8 million in 2024 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2022 — Intangibles decreased 10.04% — and 2026, when it declined 19.35%.
- Tracing SHLS's Intangibles over 5 years: stood at $56.6 million in 2022, then slipped by 13.99% to $48.7 million in 2023, then declined by 15.59% to $41.1 million in 2024, then declined by 18.46% to $33.5 million in 2025, then declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.16 Bn | 21.43 Bn | 605.00 Mn | 63.37 Mn |
| 2 | Nextpower | 13.00 Bn | 11.79 Bn | 335.85 Mn | 80.64 Mn |
| 3 | Enphase Energy | 5.08 Bn | 4.15 Bn | 175.01 Mn | 13.08 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.30 Bn | 95.15 Mn | 5.78 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 29.71 Mn |
| 7 | Canadian Solar | 981.56 Mn | -606.73 Mn | 124.40 Mn | 98.15 Mn |
| 8 | JinkoSolar Holding | 834.26 Mn | -2.47 Bn | 147.66 Mn | 310.08 Mn |
| 9 | Array Technologies | 730.86 Mn | 423.56 Mn | 99.60 Mn | 212.47 Mn |
| 10 | Toyo | 179.73 Mn | 103.09 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.71 Mn |
| 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 |