Shoals Technologies (SHLS) Intangibles (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Intangibles came in at $29.7 million in Q2 2026, down 20.34% on a YoY basis from $37.3 million in Q2 2025, and down 6.0% quarter-over-quarter from $31.6 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Intangibles (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Intangibles for 7 consecutive years, with $29.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Intangibles fell 20.34% year-over-year to $29.7 million; the trailing twelve-month figure through Jun 2026 stood at $29.7 million (down 20.34% YoY), and the FY2025 full-year result was $33.5 million, down 18.46% from the prior year.
- Intangibles declined to $29.7 million in Q2 2026 per SHLS's latest filing, from $31.6 million in the prior quarter.
- Across five years, Intangibles topped out at $63.0 million in Q1 2022 and bottomed at $29.7 million in Q2 2026.
- Historically, Intangibles has averaged $46.0 million across 5 years, with a median of $45.8 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Intangibles slipped 10.04% in 2022, then dropped 20.34% in 2026.
- Over 5 years, 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 declined by 11.32% to $29.7 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $29.7 million, $31.6 million, and $33.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 63.37 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 80.64 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 13.08 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 5.78 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 157.78 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 29.71 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 29.81 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 212.47 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 296.88 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | - |
Historic Data
Download Data
Historic 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 |