Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Non-Current Assets came in at $648.4 million in Q1 2026, up 7.94% YoY from $600.7 million in Q1 2025, and little changed on a QoQ basis from $646.2 million in Q4 2025.
Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Non-Current Assets data on file, last reported at $648.4 million in Q1 2026.
- Quarterly Non-Current Assets rose 7.94% year-over-year to $648.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 5.07% YoY) and the FY2025 annual result came in at $646.2 million, up 6.86% from the prior year.
- Non-Current Assets steadied at $648.4 million in Q1 2026, from $646.2 million in the prior quarter.
- In the past five years, Non-Current Assets ranged from a high of $650.6 million in Q3 2025 to a low of $336.8 million in Q1 2022.
- A 5-year average of $561.5 million and a median of $611.2 million in 2024 frame the typical range for Non-Current Assets.
- Annual changes were most pronounced in 2022 — Non-Current Assets jumped 86.78% — and 2025, when it retreated 2.62%.
- Tracing SHLS's Non-Current Assets over 5 years: stood at $441.4 million in 2022, then soared by 39.75% to $616.8 million in 2023, then dropped by 1.96% to $604.7 million in 2024, then increased by 6.86% to $646.2 million in 2025, then advanced by 0.33% to $648.4 million in 2026.
- The last three Non-Current Assets figures came in at $648.4 million (Q1 2026), $646.2 million (Q4 2025), and $650.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.07 Bn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 1.23 Bn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 968.72 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 21.19 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 435.39 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 647.44 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 9.19 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 7.66 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 642.25 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 270.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 647.44 Mn |
| Mar 31, 2026 | 648.35 Mn |
| Dec 31, 2025 | 646.22 Mn |
| Sep 30, 2025 | 650.60 Mn |
| Jun 30, 2025 | 604.89 Mn |
| Mar 31, 2025 | 600.68 Mn |
| Dec 31, 2024 | 604.73 Mn |
| Sep 30, 2024 | 610.53 Mn |
| Jun 30, 2024 | 611.18 Mn |
| Mar 31, 2024 | 616.82 Mn |
| Dec 31, 2023 | 616.81 Mn |
| Sep 30, 2023 | 625.91 Mn |
| Jun 30, 2023 | 618.71 Mn |
| Mar 31, 2023 | 625.24 Mn |
| Dec 31, 2022 | 441.36 Mn |
| Sep 30, 2022 | 346.71 Mn |
| Jun 30, 2022 | 340.33 Mn |
| Mar 31, 2022 | 336.77 Mn |
| Dec 31, 2021 | 332.97 Mn |
| Sep 30, 2021 | 273.94 Mn |