Shoals Technologies (SHLS) Inventory (2020 - 2026)

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

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

Shoals Technologies' Inventory history runs 7 years deep, the most recent figure standing at $159.0 million for Q1 2026.

  • Quarterly Inventory rose 159.91% year-over-year to $159.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $159.0 million (up 159.91% YoY) and the FY2025 annual result came in at $89.9 million, up 60.56% from the prior year.
  • Inventory was $159.0 million for Q1 2026 at Shoals Technologies, 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.
  • A 5-year average of $70.2 million and a median of $61.2 million in 2025 frame the typical range for Inventory.
  • Annual changes were most pronounced in 2022 — Inventory soared 205.38% — and 2023, when it decreased 27.52%.
  • Shoals Technologies' Inventory stood at $72.9 million in 2022, then fell by 27.52% to $52.8 million in 2023, then rose by 6.01% to $56.0 million in 2024, then soared by 60.56% to $89.9 million in 2025, then soared by 76.9% to $159.0 million in 2026.
  • Business Quant data shows SHLS's Inventory at $159.0 million in Q1 2026, $89.9 million in Q4 2025, and $60.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 893.88 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 262.28 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 290.70 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 2.57 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 596.82 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 490.39 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 158.99 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.13 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 167.97 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 114.47 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