Shoals Technologies (SHLS) Operating Leases (2024 - 2026)
Shoals Technologies (SHLS) posted Operating Leases of $37.8 million for Q1 2026, down 2.23% on a QoQ basis from $38.7 million in Q4 2025.
Shoals Technologies (SHLS) Operating Leases (2024 - 2026) Analysis & Trends
Shoals Technologies' Operating Leases history runs 3 years deep, the most recent figure standing at $37.8 million for Q1 2026.
- Quarterly Operating Leases changed N/A year-over-year to $37.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $37.8 million (changed N/A YoY) and the FY2025 annual result came in at $38.7 million, up 1727.08% from the prior year.
- Operating Leases was $37.8 million for Q1 2026 at Shoals Technologies, down from $38.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $39.5 million in Q3 2025 and bottomed at $2.1 million in Q4 2024.
- A 3-year average of $29.5 million and a median of $38.2 million in 2025 frame the typical range for Operating Leases.
- Peak annual rise in Operating Leases reached 1727.08% in 2025, while the deepest fall reached 1727.08% in 2025.
- Shoals Technologies' Operating Leases stood at $2.1 million in 2024, then surged by 1727.08% to $38.7 million in 2025, then retreated by 2.23% to $37.8 million in 2026.
- Business Quant data shows SHLS's Operating Leases at $37.8 million in Q1 2026, $38.7 million in Q4 2025, and $39.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.80 Mn |
| Dec 31, 2025 | 38.66 Mn |
| Sep 30, 2025 | 39.49 Mn |
| Dec 31, 2024 | 2.12 Mn |