Shoals Technologies (SHLS) Operating Leases (2024 - 2026)
Shoals Technologies' (SHLS) quarterly Operating Leases came in at $37.1 million in Q2 2026, down 1.96% quarter-over-quarter from $37.8 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Operating Leases (2024 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Operating Leases for 3 consecutive years, with $37.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases changed N/A year-over-year to $37.1 million; the trailing twelve-month figure through Jun 2026 stood at $37.1 million (changed N/A YoY), and the FY2025 full-year result was $38.7 million, up 1727.08% from the prior year.
- Operating Leases fell to $37.1 million in Q2 2026 per SHLS's latest filing, from $37.8 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.
- Historically, Operating Leases has averaged $31.0 million across 3 years, with a median of $37.8 million in 2026.
- The widest YoY moves for Operating Leases: up 1727.08% in 2025, down 1727.08% in 2025.
- Over 3 years, Operating Leases stood at $2.1 million in 2024, then surged by 1727.08% to $38.7 million in 2025, then declined by 4.14% to $37.1 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $37.1 million, $37.8 million, and $38.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.06 Mn |
| Mar 31, 2026 | 37.80 Mn |
| Dec 31, 2025 | 38.66 Mn |
| Sep 30, 2025 | 39.49 Mn |
| Dec 31, 2024 | 2.12 Mn |