Shoals Technologies (SHLS) Inventory Average (2021 - 2026)
Shoals Technologies posted quarterly Inventory Average of $124.4 million for Q1 2026, up 112.44% year-on-year from $58.6 million in Q1 2025, and up 65.66% on a QoQ basis from $75.1 million in Q4 2025.
Shoals Technologies (SHLS) has 6 years of Inventory Average data on file, last reported 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.
- Across five years, Inventory Average topped out at $124.4 million in Q1 2026 and bottomed at $43.9 million in Q1 2022.
- The 5-year median for Inventory Average is $60.9 million (2024), against an average of $66.6 million.
- The widest annual swing landed in 2022, when Inventory Average soared 197.57%; it then dropped 26.13% in 2023.
- A 5-year view of Inventory Average shows it stood at $77.0 million in 2022, then fell by 26.13% to $56.9 million in 2023, then advanced by 7.09% to $60.9 million in 2024, then gained by 23.31% to $75.1 million in 2025, then jumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 622.77 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 289.37 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 574.73 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 495.84 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 124.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 159.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.30 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 28.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 18.11 Mn |