Shoals Technologies (SHLS) Long-Term Deferred Tax (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Long-Term Deferred Tax came in at $438.1 million in Q1 2026, down 3.04% YoY from $451.9 million in Q1 2025, and little changed on a QoQ basis from $438.0 million in Q4 2025.
Shoals Technologies (SHLS) Long-Term Deferred Tax (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 6 years of Long-Term Deferred Tax data on file, last reported at $438.1 million in Q1 2026.
- Quarterly Long-Term Deferred Tax fell 3.04% year-over-year to $438.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $438.1 million (down 3.04% YoY) and the FY2025 annual result came in at $438.0 million, down 3.55% from the prior year.
- Long-Term Deferred Tax steadied at $438.1 million in Q1 2026, from $438.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $477.1 million in Q3 2023 to a low of $175.1 million in Q2 2022.
- A 5-year average of $398.3 million and a median of $451.9 million in 2025 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2022 — Long-Term Deferred Tax surged 262.0% — and 2024, when it declined 3.58%.
- Tracing SHLS's Long-Term Deferred Tax over 5 years: stood at $291.6 million in 2022, then surged by 60.54% to $468.2 million in 2023, then slipped by 3.0% to $454.2 million in 2024, then declined by 3.55% to $438.0 million in 2025, then increased by 0.02% to $438.1 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $438.1 million (Q1 2026), $438.0 million (Q4 2025), and $443.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 434.76 Mn |
| Mar 31, 2026 | 438.12 Mn |
| Dec 31, 2025 | 438.03 Mn |
| Sep 30, 2025 | 443.59 Mn |
| Jun 30, 2025 | 447.57 Mn |
| Mar 31, 2025 | 451.87 Mn |
| Dec 31, 2024 | 454.16 Mn |
| Sep 30, 2024 | 460.01 Mn |
| Jun 30, 2024 | 461.68 Mn |
| Mar 31, 2024 | 465.70 Mn |
| Dec 31, 2023 | 468.20 Mn |
| Sep 30, 2023 | 477.07 Mn |
| Jun 30, 2023 | 470.33 Mn |
| Mar 31, 2023 | 476.28 Mn |
| Dec 31, 2022 | 291.63 Mn |
| Sep 30, 2022 | 177.11 Mn |
| Jun 30, 2022 | 175.06 Mn |
| Mar 31, 2022 | 175.54 Mn |
| Dec 31, 2021 | 176.96 Mn |
| Sep 30, 2021 | 121.55 Mn |