Shoals Technologies SHLS
NASDAQ SHLS
$6.99 -0.07 (-0.92%)
As of: Sep 10, 2026 · 1:39 PM EDT

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

Shoals Technologies' (SHLS) quarterly Inventory Average came in at $171.9 million in Q2 2026, up 191.1% on a YoY basis from $59.0 million in Q2 2025, and up 38.11% quarter-over-quarter from $124.4 million in Q1 2026.

Analysis

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

Shoals Technologies (SHLS) has reported Inventory Average for 6 consecutive years, with $171.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Inventory Average rose 191.1% year-over-year to $171.9 million; the trailing twelve-month figure through Jun 2026 stood at $171.9 million (up 191.1% YoY), and the FY2025 full-year result was $72.9 million, up 34.08% from the prior year.
  • Inventory Average grew to $171.9 million in Q2 2026 per SHLS's latest filing, from $124.4 million in the prior quarter.
  • Across five years, Inventory Average topped out at $171.9 million in Q2 2026 and bottomed at $43.9 million in Q1 2022.
  • Historically, Inventory Average has averaged $72.5 million across 5 years, with a median of $61.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Inventory Average jumped 197.57% in 2022, then declined 26.13% in 2023.
  • Over 5 years, Inventory Average stood at $77.0 million in 2022, then retreated by 26.13% to $56.9 million in 2023, then climbed by 7.09% to $60.9 million in 2024, then advanced by 23.31% to $75.1 million in 2025, then soared by 128.79% to $171.9 million in 2026.
  • According to Business Quant data, Inventory Average over the past three periods registered $171.9 million, $124.4 million, and $75.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 22.19 Bn 20.46 Bn 605.00 Mn 991.00 Mn
2 Nextpower 12.26 Bn 11.04 Bn 335.85 Mn 261.95 Mn
3 Enphase Energy 4.88 Bn 3.94 Bn 175.01 Mn 287.86 Mn
4 Solaredge Technologies 2.13 Bn 1.55 Bn 95.15 Mn 598.32 Mn
5 T1 Energy 1.31 Bn 1.10 Bn 49.10 Mn 178.86 Mn
6 Shoals Technologies 1.18 Bn 1.16 Bn 49.53 Mn 171.86 Mn
7 Canadian Solar 879.83 Mn -586.67 Mn 168.48 Mn 1.59 Bn
8 Array Technologies 697.78 Mn 390.48 Mn 99.60 Mn 162.22 Mn
9 JinkoSolar Holding 610.91 Mn -2.07 Bn 75.62 Mn 2.50 Bn
10 Toyo 132.74 Mn 22.70 Mn 36.97 Mn 123.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 171.86 Mn
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