Shoals Technologies (SHLS) Market Capitalization (2021 - 2026)
Shoals Technologies' Market Capitalization came in at $1.36 billion for Q3 2026, up 10.0% from $1.24 billion a year earlier but down 18.1% 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 52.5% 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 $932.19 million in FY2024 (-63.5%), $2.55 billion in FY2023 (-38.9%), $4.18 billion in FY2022 (+3.0%) and $4.05 billion in FY2021.
- The five-year range for quarterly Market Capitalization is $555.01 million (Q1 2025) to $4.34 billion (Q2 2023).
- Year-over-year, Market Capitalization has increased for five consecutive quarters, with growth averaging 20.2% 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 $1.67 billion (Q2 2026), $1.1 billion (Q1 2026) and $1.42 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.36 Bn |
| 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 | 932.19 Mn |
| Sep 30, 2024 | 935.17 Mn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.91 Bn |
| Dec 31, 2023 | 2.55 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 |
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();