Growth Metrics

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 🔒
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