Growth Metrics

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 🔒
DateValue
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