Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

Shoals Technologies (SHLS) Liabilities and Shareholders Equity (2020 - 2026)

Shoals Technologies' (SHLS) quarterly Liabilities and Shareholders Equity came in at $1.0 billion in Q1 2026, up 30.75% YoY 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) Liabilities and Shareholders Equity (2020 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has 7 years of Liabilities and Shareholders Equity data on file, last reported at $1.0 billion in 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 grew to $1.0 billion in Q1 2026, from $904.1 million in the prior quarter.
  • In the past five years, Liabilities and Shareholders Equity ranged from a high of $1.0 billion in Q1 2026 to a low of $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 fell 6.03%.
  • Tracing SHLS's Liabilities and Shareholders Equity over 5 years: stood at $594.9 million in 2022, then surged by 41.87% to $844.0 million in 2023, then dropped by 6.03% to $793.1 million in 2024, then gained by 14.0% to $904.1 million in 2025, then grew 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 23.03 Bn 21.30 Bn 605.00 Mn 13.39 Bn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 4.26 Bn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 2.92 Bn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 23.36 Bn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 2.30 Bn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 1.02 Bn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 15.17 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 18.12 Bn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 1.53 Bn
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 478.28 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.02 Bn
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