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
DateValue
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