Shoals Technologies (SHLS) Non-Current Assets (2020 - 2026)
Shoals Technologies posted quarterly Non-Current Assets of $648.4 million for Q1 2026, up 7.94% year-on-year from $600.7 million in Q1 2025, and little changed on a QoQ basis from $646.2 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Non-Current Assets data on file, last reported at $648.4 million in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Assets rose 7.94% year-over-year to $648.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (up 5.07% YoY), and the FY2025 full-year result was $646.2 million, up 6.86% from the prior year.
- Non-Current Assets for Q1 2026 stood at $648.4 million, 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.
- The 5-year median for Non-Current Assets is $611.2 million (2024), against an average of $561.5 million.
- The widest annual swing landed in 2022, when Non-Current Assets jumped 86.78%; it then retreated 2.62% in 2025.
- A 5-year view of Non-Current Assets shows it stood at $441.4 million in 2022, then jumped by 39.75% to $616.8 million in 2023, then declined by 1.96% to $604.7 million in 2024, then rose by 6.86% to $646.2 million in 2025, then climbed 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.71 Bn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 1.23 Bn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 5.91 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 893.65 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 443.83 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 20.80 Bn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 648.35 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 595.61 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 7.66 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 4.69 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 |
| Mar 31, 2021 | 182.30 Mn |
| Dec 31, 2020 | 139.16 Mn |