Shoals Technologies (SHLS) Market Capitalization (2021 - 2026)
Shoals Technologies' Market Capitalization came in at $1.67 billion for Q2 2026, up 134.2% from $711.25 million a year earlier and up 50.9% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, Shoals Technologies' Market Capitalization was $1.42 billion, up 54.3% from FY2024.
- Market Capitalization carries a four-year compound annual growth rate of -23.0% (FY2021 to FY2025).
- Going back by year, Market Capitalization was $922.2 million in FY2024 (-65.1%), $2.64 billion in FY2023 (-36.7%), $4.18 billion in FY2022 (+3.0%) and $4.05 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Market Capitalization since Q1 2024.
- Year-over-year, Market Capitalization has increased for four consecutive quarters, with growth averaging 10.2% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q2 2026 (growth of 134.2%), and the weakest in Q2 2024 (a decline of 75.8%).
- Business Quant data shows SHLS's Market Capitalization at $1.1 billion (Q1 2026), $1.42 billion (Q4 2025) and $1.24 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 711.25 Mn |
| Mar 31, 2025 | 555.01 Mn |
| Dec 31, 2024 | 922.20 Mn |
| Sep 30, 2024 | 935.17 Mn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.91 Bn |
| Dec 31, 2023 | 2.64 Bn |
| Sep 30, 2023 | 3.10 Bn |
| Jun 30, 2023 | 4.34 Bn |
| Mar 31, 2023 | 3.87 Bn |
| Dec 31, 2022 | 4.18 Bn |
| Sep 30, 2022 | 3.61 Bn |
| Jun 30, 2022 | 2.76 Bn |
| Mar 31, 2022 | 2.85 Bn |
| Dec 31, 2021 | 4.05 Bn |
| Sep 30, 2021 | 4.65 Bn |
API Access
Shoals Technologies Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();