Shoals Technologies (SHLS) Liabilities and Shareholders Equity (2020 - 2026)
Shoals Technologies (SHLS) posted Liabilities and Shareholders Equity of $1.0 billion for Q1 2026, up 14.02% on a QoQ basis from $904.1 million in Q4 2025, and up 30.75% year-over-year from $788.4 million in Q1 2025.
Shoals Technologies (SHLS) Liabilities and Shareholders Equity (2020 - 2026) Analysis & Trends
Shoals Technologies' Liabilities and Shareholders Equity history runs 7 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- Quarterly Liabilities and Shareholders Equity rose 30.75% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 billion (up 12.94% YoY) and the FY2025 annual result came in at $904.1 million, up 14.0% from the prior year.
- Liabilities and Shareholders Equity was $1.0 billion for Q1 2026 at Shoals Technologies, 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.
- A 5-year average of $763.9 million and a median of $801.3 million in 2024 frame the typical range for Liabilities and Shareholders Equity.
- Annual changes were most pronounced in 2022 — Liabilities and Shareholders Equity soared 88.09% — and 2024, when it slipped 6.03%.
- Shoals Technologies' Liabilities and Shareholders Equity stood at $594.9 million in 2022, then jumped by 41.87% to $844.0 million in 2023, then fell by 6.03% to $793.1 million in 2024, then climbed by 14.0% to $904.1 million in 2025, then rose by 14.02% to $1.0 billion in 2026.
- Business Quant data shows SHLS's Liabilities and Shareholders Equity at $1.0 billion in Q1 2026, $904.1 million in Q4 2025, and $851.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 13.35 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 4.07 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 2.72 Bn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 18.12 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 2.26 Bn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 22.77 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 1.03 Bn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 15.17 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 1.48 Bn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 478.28 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 |