Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026)
Shoals Technologies (SHLS) posted Non-Current Assets of $648.4 million for Q1 2026, little changed on a QoQ basis from $646.2 million in Q4 2025, and up 7.94% year-over-year from $600.7 million in Q1 2025.
Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026) Analysis & Trends
Shoals Technologies' Non-Current Assets history runs 7 years deep, the most recent figure standing at $648.4 million for 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 was $648.4 million for Q1 2026 at Shoals Technologies, roughly flat from $646.2 million in the prior quarter.
- Across five years, Non-Current Assets topped out at $650.6 million in Q3 2025 and bottomed at $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 dropped 2.62%.
- Shoals Technologies' Non-Current Assets stood at $441.4 million in 2022, then surged by 39.75% to $616.8 million in 2023, then fell by 1.96% to $604.7 million in 2024, then gained by 6.86% to $646.2 million in 2025, then grew by 0.33% to $648.4 million in 2026.
- Business Quant data shows SHLS's Non-Current Assets at $648.4 million in Q1 2026, $646.2 million in Q4 2025, and $650.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 7.71 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 1.23 Bn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 893.65 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 7.66 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 443.83 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 20.80 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 648.35 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 9.19 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 595.61 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 270.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 182.21 Mn |