Shoals Technologies (SHLS) Leases (2022 - 2026)
Shoals Technologies posted quarterly Leases of $45.0 million for Q1 2026, down 2.27% on a QoQ basis from $46.0 million in Q4 2025.
Shoals Technologies (SHLS) has 5 years of Leases data on file, last reported at $45.0 million in Q1 2026.
- For the quarter ending Q1 2026, Leases changed N/A year-over-year to $45.0 million; the trailing twelve-month figure through Mar 2026 stood at $45.0 million (changed N/A YoY), and the FY2025 full-year result was $46.0 million, up 2478.05% from the prior year.
- Leases for Q1 2026 stood at $45.0 million, down from $46.0 million in the prior quarter.
- Across five years, Leases topped out at $47.1 million in Q3 2025 and bottomed at $1.8 million in Q4 2024.
- The 5-year median for Leases is $4.7 million (2022), against an average of $17.9 million.
- The widest annual swing landed in 2024, when Leases sank 37.79%; it then jumped 2478.05% in 2025.
- A 5-year view of Leases shows it stood at $4.1 million in 2022, then declined by 29.29% to $2.9 million in 2023, then tumbled by 37.79% to $1.8 million in 2024, then surged by 2478.05% to $46.0 million in 2025, then fell by 2.27% to $45.0 million in 2026.
- The last three Leases figures came in at $45.0 million (Q1 2026), $46.0 million (Q4 2025), and $47.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 50.87 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 441.29 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 50.09 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 57.78 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 45.00 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 48.27 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 514.34 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 2.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.00 Mn |
| Dec 31, 2025 | 46.04 Mn |
| Sep 30, 2025 | 47.08 Mn |
| Dec 31, 2024 | 1.79 Mn |
| Dec 31, 2023 | 2.87 Mn |
| Dec 31, 2022 | 4.06 Mn |
| Sep 30, 2022 | 4.36 Mn |
| Jun 30, 2022 | 4.66 Mn |
| Mar 31, 2022 | 4.99 Mn |