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| Date | Value |
|---|---|
| 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 |