Growth Metrics

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 🔒
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
Mar 31, 2021 18.11 Mn