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

Shoals Technologies (SHLS) reported Liabilities and Shareholders Equity of $1.0 billion for Q1 2026, up 30.75% on a YoY basis from $788.4 million in Q1 2025, and up 14.02% quarter-over-quarter from $904.1 million in Q4 2025.

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

Shoals Technologies has reported Liabilities and Shareholders Equity for 7 years, with the latest figure 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.
  • The five-year high for Liabilities and Shareholders Equity was $1.0 billion in Q1 2026, with the low at $474.5 million in Q1 2022.
  • Historically, Liabilities and Shareholders Equity has averaged $763.9 million across 5 years, with a median of $801.3 million in 2024.
  • Annual changes were most pronounced in 2022 — Liabilities and Shareholders Equity soared 88.09% — and 2024, when it fell 6.03%.
  • Shoals Technologies' Liabilities and Shareholders Equity 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 28.68 Bn 26.25 Bn 486.13 Mn 13.35 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 4.07 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 2.72 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 2.26 Bn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 22.77 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 1.03 Bn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.48 Bn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 18.12 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 74.85 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 45.49 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