Shoals Technologies (SHLS) Operating Leases (2024 - 2026)

Shoals Technologies' (SHLS) quarterly Operating Leases came in at $37.8 million in 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 (SHLS) has 3 years of Operating Leases data on file, last reported at $37.8 million in 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 slipped to $37.8 million in Q1 2026, from $38.7 million in the prior quarter.
In the past five years, Operating Leases ranged from a high of $39.5 million in Q3 2025 to a low of $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.
The widest YoY moves for Operating Leases: up 1727.08% in 2025, down 1727.08% in 2025.
Tracing SHLS's Operating Leases over 3 years: stood at $2.1 million in 2024, then soared by 1727.08% to $38.7 million in 2025, then declined by 2.23% to $37.8 million in 2026.
The last three Operating Leases figures came in at $37.8 million (Q1 2026), $38.7 million (Q4 2025), and $39.5 million (Q3 2025), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	First Solar	23.08 Bn	21.35 Bn	605.00 Mn
2	Nextpower	13.09 Bn	11.87 Bn	335.85 Mn
3	Enphase Energy	5.06 Bn	4.12 Bn	175.01 Mn
4	Sunrun	2.20 Bn	2.20 Bn	527.54 Mn
5	Solaredge Technologies	1.89 Bn	1.31 Bn	95.15 Mn
6	Shoals Technologies	1.22 Bn	1.20 Bn	49.53 Mn
7	Canadian Solar	978.86 Mn	-609.42 Mn	124.40 Mn
8	JinkoSolar Holding	836.09 Mn	-2.47 Bn	147.66 Mn
9	Array Technologies	725.48 Mn	418.18 Mn	99.60 Mn
10	Toyo	177.84 Mn	101.20 Mn	47.76 Mn

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