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

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

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

Shoals Technologies' Inventory Average history runs 6 years deep, the most recent figure standing at $124.4 million for Q1 2026.

  • Quarterly Inventory Average rose 112.44% year-over-year to $124.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $124.4 million (up 112.44% YoY) and the FY2025 annual result came in at $72.9 million, up 34.08% from the prior year.
  • Inventory Average was $124.4 million for Q1 2026 at Shoals Technologies, 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.
  • A 5-year average of $66.6 million and a median of $60.9 million in 2024 frame the typical range for Inventory Average.
  • Annual changes were most pronounced in 2022 — Inventory Average soared 197.57% — and 2023, when it retreated 26.13%.
  • Shoals Technologies' 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 surged by 65.66% to $124.4 million in 2026.
  • Business Quant data shows SHLS's Inventory Average at $124.4 million in Q1 2026, $75.1 million in Q4 2025, and $58.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 815.31 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 268.78 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 289.37 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 2.30 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 574.73 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 495.84 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 124.44 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 622.77 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 159.17 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 97.23 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