Shoals Technologies (SHLS) Market Capitalization (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Market Capitalization came in at $1.7 billion in Q2 2026, up 134.24% on a YoY basis from $711.3 million in Q2 2025, and up 50.92% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
Shoals Technologies (SHLS) Market Capitalization (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Market Capitalization for 6 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Market Capitalization rose 134.24% year-over-year to $1.7 billion; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 134.24% YoY), and the FY2025 full-year result was $1.4 billion, up 54.34% from the prior year.
- Market Capitalization grew to $1.7 billion in Q2 2026 per SHLS's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Market Capitalization topped out at $4.3 billion in Q2 2023 and bottomed at $555.0 million in Q1 2025.
- Historically, Market Capitalization has averaged $2.2 billion across 5 years, with a median of $1.8 billion in 2024.
- The sharpest annual moves came in 2024 and 2026: Market Capitalization slumped 75.82% in 2024, then soared 134.24% in 2026.
- Over 5 years, Market Capitalization stood at $4.2 billion in 2022, then plunged by 36.71% to $2.6 billion in 2023, then sank by 65.12% to $922.2 million in 2024, then jumped by 54.34% to $1.4 billion in 2025, then climbed by 17.05% to $1.7 billion in 2026.
- According to Business Quant data, Market Capitalization over the past three periods registered $1.7 billion, $1.1 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 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 |