Growth Metrics

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 🔒
DateValue
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