Shoals Technologies (SHLS) Operating Leases (2024 - 2026)
Shoals Technologies posted quarterly 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) has 3 years of Operating Leases data on file, last reported 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.
- Across five years, Operating Leases topped out at $39.5 million in Q3 2025 and bottomed at $2.1 million in Q4 2024.
- The 3-year median for Operating Leases is $38.2 million (2025), against an average of $29.5 million.
- Peak annual rise in Operating Leases reached 1727.08% in 2025, while the deepest fall reached 1727.08% in 2025.
- A 3-year view of Operating Leases shows it stood at $2.1 million in 2024, then jumped by 1727.08% to $38.7 million in 2025, then fell 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 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 |