Shoals Technologies (SHLS) Inventory (2020 - 2026)

Shoals Technologies (SHLS) reported Inventory of $159.0 million for Q1 2026, up 159.91% on a YoY basis from $61.2 million in Q1 2025, and up 76.9% quarter-over-quarter from $89.9 million in Q4 2025.

Shoals Technologies (SHLS) Inventory (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Inventory for 7 years, with the latest figure at $159.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Inventory rose 159.91% year-over-year to $159.0 million; the trailing twelve-month figure through Mar 2026 stood at $159.0 million (up 159.91% YoY), and the FY2025 full-year result was $89.9 million, up 60.56% from the prior year.
  • Inventory for Q1 2026 stood at $159.0 million, up from $89.9 million in the prior quarter.
  • The five-year high for Inventory was $159.0 million in Q1 2026, with the low at $49.5 million in Q1 2022.
  • Historically, Inventory has averaged $70.2 million across 5 years, with a median of $61.2 million in 2025.
  • Annual changes were most pronounced in 2022 — Inventory soared 205.38% — and 2023, when it declined 27.52%.
  • Shoals Technologies' Inventory stood at $72.9 million in 2022, then dropped by 27.52% to $52.8 million in 2023, then grew by 6.01% to $56.0 million in 2024, then jumped by 60.56% to $89.9 million in 2025, then jumped by 76.9% to $159.0 million in 2026.
  • The last three Inventory figures came in at $159.0 million (Q1 2026), $89.9 million (Q4 2025), and $60.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 893.88 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 262.28 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 290.70 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 596.82 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 490.39 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 158.99 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 167.97 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.57 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 24.81 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 4.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 158.99 Mn
Dec 31, 2025 89.88 Mn
Sep 30, 2025 60.35 Mn
Jun 30, 2025 56.90 Mn
Mar 31, 2025 61.17 Mn
Dec 31, 2024 55.98 Mn
Sep 30, 2024 65.85 Mn
Jun 30, 2024 60.01 Mn
Mar 31, 2024 59.57 Mn
Dec 31, 2023 52.80 Mn
Sep 30, 2023 60.96 Mn
Jun 30, 2023 68.31 Mn
Mar 31, 2023 73.73 Mn
Dec 31, 2022 72.85 Mn
Sep 30, 2022 81.16 Mn
Jun 30, 2022 64.96 Mn
Mar 31, 2022 49.48 Mn
Dec 31, 2021 38.37 Mn
Sep 30, 2021 27.83 Mn
Jun 30, 2021 21.27 Mn