Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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