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| 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 |