Shoals Technologies (SHLS) Intangibles (2020 - 2026)
Shoals Technologies (SHLS) posted Intangibles of $31.6 million for Q1 2026, down 5.66% on a QoQ basis from $33.5 million in Q4 2025, and down 19.35% year-over-year from $39.2 million in Q1 2025.
Shoals Technologies (SHLS) Intangibles (2020 - 2026) Analysis & Trends
Shoals Technologies' Intangibles history runs 7 years deep, the most recent figure standing at $31.6 million for 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 was $31.6 million for Q1 2026 at Shoals Technologies, 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.
- 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 declined 10.04% — and 2026, when it decreased 19.35%.
- Shoals Technologies' Intangibles stood at $56.6 million in 2022, then declined by 13.99% to $48.7 million in 2023, then retreated by 15.59% to $41.1 million in 2024, then retreated by 18.46% to $33.5 million in 2025, then retreated by 5.66% to $31.6 million in 2026.
- Business Quant data shows SHLS's Intangibles at $31.6 million in Q1 2026, $33.5 million in Q4 2025, and $35.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 17.56 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 310.08 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 6.42 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 31.60 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 31.98 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 224.92 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 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 |