Shoals Technologies (SHLS) Inventory Average (2021 - 2026)

Shoals Technologies (SHLS) reported Inventory Average of $124.4 million for Q1 2026, up 112.44% on a YoY basis from $58.6 million in Q1 2025, and up 65.66% quarter-over-quarter from $75.1 million in Q4 2025.

Shoals Technologies (SHLS) Inventory Average (2021 - 2026) Analysis & Trends

Shoals Technologies has reported Inventory Average for 6 years, with the latest figure at $124.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Inventory Average rose 112.44% year-over-year to $124.4 million; the trailing twelve-month figure through Mar 2026 stood at $124.4 million (up 112.44% YoY), and the FY2025 full-year result was $72.9 million, up 34.08% from the prior year.
  • Inventory Average for Q1 2026 stood at $124.4 million, up from $75.1 million in the prior quarter.
  • The five-year high for Inventory Average was $124.4 million in Q1 2026, with the low at $43.9 million in Q1 2022.
  • Historically, Inventory Average has averaged $66.6 million across 5 years, with a median of $60.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Inventory Average soared 197.57% — and 2023, when it dropped 26.13%.
  • Shoals Technologies' Inventory Average stood at $77.0 million in 2022, then declined by 26.13% to $56.9 million in 2023, then gained by 7.09% to $60.9 million in 2024, then rose by 23.31% to $75.1 million in 2025, then soared by 65.66% to $124.4 million in 2026.
  • The last three Inventory Average figures came in at $124.4 million (Q1 2026), $75.1 million (Q4 2025), and $58.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 815.31 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 268.78 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 289.37 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 574.73 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 495.84 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 124.44 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 159.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.30 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 28.05 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 1.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 124.44 Mn
Dec 31, 2025 75.11 Mn
Sep 30, 2025 58.62 Mn
Jun 30, 2025 59.04 Mn
Mar 31, 2025 58.58 Mn
Dec 31, 2024 60.92 Mn
Sep 30, 2024 62.93 Mn
Jun 30, 2024 59.79 Mn
Mar 31, 2024 56.18 Mn
Dec 31, 2023 56.88 Mn
Sep 30, 2023 64.64 Mn
Jun 30, 2023 71.02 Mn
Mar 31, 2023 73.29 Mn
Dec 31, 2022 77.01 Mn
Sep 30, 2022 73.06 Mn
Jun 30, 2022 57.22 Mn
Mar 31, 2022 43.92 Mn
Dec 31, 2021 33.10 Mn
Sep 30, 2021 24.55 Mn
Jun 30, 2021 21.18 Mn