Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026)
Shoals Technologies (SHLS) posted Non-Current Assets of $647.44 million for Q2 2026, up 7.0% from $604.89 million a year earlier but down 0.1% from the prior quarter.
Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies' Non-Current Assets came in at $646.22 million, up 6.9% from FY2024.
- Annual Non-Current Assets shows a five-year compound annual growth rate of 35.9% (FY2020 to FY2025).
- In prior years, Shoals Technologies' Non-Current Assets was $604.73 million in FY2024 (-2.0%), $616.81 million in FY2023 (+39.8%), $441.36 million in FY2022 (+32.6%) and $332.97 million in FY2021 (+139.3%).
- Quarterly Non-Current Assets has run from a low of $273.94 million in Q3 2021 to a high of $650.6 million in Q3 2025 over five years.
- On a year-over-year basis, Non-Current Assets has increased in each of the last four quarters, with growth averaging 2.5% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Assets in the past five years was Q4 2021, with growth of 139.3%; the weakest was Q1 2025, with a decline of 2.6%.
- According to Business Quant data, Non-Current Assets for the three prior quarters was $648.35 million (Q1 2026), $646.22 million (Q4 2025) and $650.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 33.37 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.04 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 8.07 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 2.71 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 3.34 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.23 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.83 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 968.72 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.62 Bn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 647.44 Mn |
Historic 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 |
Shoals Technologies Non-Current Assets 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=non-current-assets&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();