Shoals Technologies (SHLS) Liabilities and Shareholders Equity (2020 - 2026)
Shoals Technologies posted quarterly Liabilities and Shareholders Equity of $1.0 billion for Q1 2026, up 30.75% year-on-year from $788.4 million in Q1 2025, and up 14.02% on a QoQ basis from $904.1 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Liabilities and Shareholders Equity data on file, last reported at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Liabilities and Shareholders Equity rose 30.75% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $3.6 billion (up 12.94% YoY), and the FY2025 full-year result was $904.1 million, up 14.0% from the prior year.
- Liabilities and Shareholders Equity for Q1 2026 stood at $1.0 billion, up from $904.1 million in the prior quarter.
- Across five years, Liabilities and Shareholders Equity topped out at $1.0 billion in Q1 2026 and bottomed at $474.5 million in Q1 2022.
- The 5-year median for Liabilities and Shareholders Equity is $801.3 million (2024), against an average of $763.9 million.
- The widest annual swing landed in 2022, when Liabilities and Shareholders Equity soared 88.09%; it then fell 6.03% in 2024.
- A 5-year view of Liabilities and Shareholders Equity shows it stood at $594.9 million in 2022, then soared by 41.87% to $844.0 million in 2023, then declined by 6.03% to $793.1 million in 2024, then advanced by 14.0% to $904.1 million in 2025, then increased by 14.02% to $1.0 billion in 2026.
- The last three Liabilities and Shareholders Equity figures came in at $1.0 billion (Q1 2026), $904.1 million (Q4 2025), and $851.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 13.35 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 4.07 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 15.17 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 2.72 Bn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 2.26 Bn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 22.77 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 1.03 Bn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.48 Bn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 18.12 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 74.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.03 Bn |
| Dec 31, 2025 | 904.10 Mn |
| Sep 30, 2025 | 851.79 Mn |
| Jun 30, 2025 | 794.96 Mn |
| Mar 31, 2025 | 788.42 Mn |
| Dec 31, 2024 | 793.08 Mn |
| Sep 30, 2024 | 801.30 Mn |
| Jun 30, 2024 | 788.44 Mn |
| Mar 31, 2024 | 825.31 Mn |
| Dec 31, 2023 | 843.99 Mn |
| Sep 30, 2023 | 840.15 Mn |
| Jun 30, 2023 | 818.82 Mn |
| Mar 31, 2023 | 808.60 Mn |
| Dec 31, 2022 | 594.90 Mn |
| Sep 30, 2022 | 529.89 Mn |
| Jun 30, 2022 | 496.62 Mn |
| Mar 31, 2022 | 474.47 Mn |
| Dec 31, 2021 | 426.41 Mn |
| Sep 30, 2021 | 382.81 Mn |
| Jun 30, 2021 | 273.72 Mn |
| Mar 31, 2021 | 252.26 Mn |
| Dec 31, 2020 | 195.31 Mn |