Growth Metrics

Shoals Technologies (SHLS) Inventory (2020 - 2026)

Shoals Technologies posted quarterly Inventory of $159.0 million for Q1 2026, up 159.91% year-on-year from $61.2 million in Q1 2025, and up 76.9% on a QoQ basis from $89.9 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Inventory data on file, last reported 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.
  • Across five years, Inventory topped out at $159.0 million in Q1 2026 and bottomed at $49.5 million in Q1 2022.
  • The 5-year median for Inventory is $61.2 million (2025), against an average of $70.2 million.
  • The widest annual swing landed in 2022, when Inventory soared 205.38%; it then declined 27.52% in 2023.
  • A 5-year view of Inventory shows it stood at $72.9 million in 2022, then declined by 27.52% to $52.8 million in 2023, then increased by 6.01% to $56.0 million in 2024, then surged by 60.56% to $89.9 million in 2025, then surged 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 26.65 Bn 24.22 Bn 486.13 Mn 893.88 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 262.28 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.13 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 290.70 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 596.82 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 490.39 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 158.99 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 167.97 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 2.57 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 24.81 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
Mar 31, 2021 21.09 Mn
Dec 31, 2020 15.12 Mn