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

Shoals Technologies (SHLS) reported Operating Leases of $37.8 million for Q1 2026, down 2.23% quarter-over-quarter from $38.7 million in Q4 2025.

Shoals Technologies (SHLS) Operating Leases (2024 - 2026) Analysis & Trends

Shoals Technologies has reported Operating Leases for 3 years, with the latest figure at $37.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases changed N/A year-over-year to $37.8 million; the trailing twelve-month figure through Mar 2026 stood at $37.8 million (changed N/A YoY), and the FY2025 full-year result was $38.7 million, up 1727.08% from the prior year.
  • Operating Leases for Q1 2026 stood at $37.8 million, down from $38.7 million in the prior quarter.
  • The five-year high for Operating Leases was $39.5 million in Q3 2025, with the low at $2.1 million in Q4 2024.
  • Historically, Operating Leases has averaged $29.5 million across 3 years, with a median of $38.2 million in 2025.
  • The largest YoY upside for Operating Leases was 1727.08% in 2025 against a maximum downside of 1727.08% in 2025.
  • Shoals Technologies' Operating Leases 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 37.80 Mn
Dec 31, 2025 38.66 Mn
Sep 30, 2025 39.49 Mn
Dec 31, 2024 2.12 Mn