Shoals Technologies (SHLS) Inventory (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Inventory came in at $184.7 million in Q2 2026, up 224.65% on a YoY basis from $56.9 million in Q2 2025, and up 16.18% quarter-over-quarter from $159.0 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Inventory (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Inventory for 7 consecutive years, with $184.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory rose 224.65% year-over-year to $184.7 million; the trailing twelve-month figure through Jun 2026 stood at $184.7 million (up 224.65% YoY), and the FY2025 full-year result was $89.9 million, up 60.56% from the prior year.
- Inventory grew to $184.7 million in Q2 2026 per SHLS's latest filing, from $159.0 million in the prior quarter.
- Across five years, Inventory topped out at $184.7 million in Q2 2026 and bottomed at $49.5 million in Q1 2022.
- Historically, Inventory has averaged $76.5 million across 5 years, with a median of $63.1 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Inventory fell 27.52% in 2023, then jumped 224.65% in 2026.
- Over 5 years, 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 surged by 105.52% to $184.7 million in 2026.
- According to Business Quant data, Inventory over the past three periods registered $184.7 million, $159.0 million, and $89.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.30 Bn | 20.58 Bn | 605.00 Mn | 1.09 Bn |
| 2 | Nextpower | 12.28 Bn | 11.07 Bn | 335.85 Mn | 261.63 Mn |
| 3 | Enphase Energy | 4.85 Bn | 3.92 Bn | 175.01 Mn | 285.02 Mn |
| 4 | Solaredge Technologies | 2.07 Bn | 1.49 Bn | 95.15 Mn | 599.82 Mn |
| 5 | T1 Energy | 1.31 Bn | 1.10 Bn | 49.10 Mn | 228.77 Mn |
| 6 | Shoals Technologies | 1.17 Bn | 1.16 Bn | 49.53 Mn | 184.72 Mn |
| 7 | Canadian Solar | 881.85 Mn | -584.65 Mn | 168.48 Mn | 1.66 Bn |
| 8 | Array Technologies | 696.41 Mn | 389.11 Mn | 99.60 Mn | 156.47 Mn |
| 9 | JinkoSolar Holding | 614.82 Mn | -2.07 Bn | 75.62 Mn | 2.43 Bn |
| 10 | Toyo | 132.44 Mn | 22.39 Mn | 36.97 Mn | 132.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 184.72 Mn |
| 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 |