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
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