Shoals Technologies (SHLS) Other Gross PP&E Adjustments (2020 - 2026)
Shoals Technologies (SHLS) reported Other Gross PP&E Adjustments of $33.7 million for Q1 2026, down 24.04% on a YoY basis from $44.3 million in Q1 2025, and up 44.42% quarter-over-quarter from $23.3 million in Q4 2025.
Shoals Technologies (SHLS) Other Gross PP&E Adjustments (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Other Gross PP&E Adjustments for 7 years, with the latest figure at $33.7 million in Q1 2026.
- For the quarter ending Q1 2026, Other Gross PP&E Adjustments fell 24.04% year-over-year to $33.7 million; the trailing twelve-month figure through Mar 2026 stood at $33.7 million (down 24.04% YoY), and the FY2025 full-year result was $23.3 million, down 36.89% from the prior year.
- Other Gross PP&E Adjustments for Q1 2026 stood at $33.7 million, up from $23.3 million in the prior quarter.
- The five-year high for Other Gross PP&E Adjustments was $57.0 million in Q2 2025, with the low at $17.1 million in Q1 2022.
- Historically, Other Gross PP&E Adjustments has averaged $30.4 million across 5 years, with a median of $28.7 million in 2023.
- Annual changes were most pronounced in 2023 — Other Gross PP&E Adjustments soared 64.79% — and 2025, when it tumbled 54.95%.
- Shoals Technologies' Other Gross PP&E Adjustments stood at $18.1 million in 2022, then surged by 58.62% to $28.7 million in 2023, then grew by 28.92% to $36.9 million in 2024, then sank by 36.89% to $23.3 million in 2025, then soared by 44.42% to $33.7 million in 2026.
- The last three Other Gross PP&E Adjustments figures came in at $33.7 million (Q1 2026), $23.3 million (Q4 2025), and $18.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.14 Bn | 25.72 Bn | 486.13 Mn | 8.36 Bn |
| 2 | Nextpower | 17.72 Bn | 16.62 Bn | 297.38 Mn | 50.96 Mn |
| 3 | Enphase Energy | 7.03 Bn | 6.10 Bn | 100.39 Mn | -13.23 Mn |
| 4 | Solaredge Technologies | 3.51 Bn | 2.96 Bn | 68.28 Mn | -50.09 Mn |
| 5 | Sunrun | 2.96 Bn | 3.84 Bn | 543.70 Mn | -57.78 Mn |
| 6 | Shoals Technologies | 1.62 Bn | 1.61 Bn | 41.01 Mn | 33.67 Mn |
| 7 | Array Technologies | 1.13 Bn | 931.17 Mn | 63.00 Mn | 11.21 Mn |
| 8 | JinkoSolar Holding | 556.02 Mn | 2.16 Bn | 147.66 Mn | -512.22 Mn |
| 9 | Tigo Energy | 231.53 Mn | 219.95 Mn | 10.79 Mn | 5.83 Mn |
| 10 | Skycorp Solar | 100.96 Mn | 94.18 Mn | - | -413,757.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.67 Mn |
| Mar 31, 2026 | 33.67 Mn |
| Dec 31, 2025 | 23.31 Mn |
| Dec 31, 2025 | 23.31 Mn |
| Sep 30, 2025 | 18.22 Mn |
| Sep 30, 2025 | 18.22 Mn |
| Jun 30, 2025 | 56.96 Mn |
| Jun 30, 2025 | 56.96 Mn |
| Mar 31, 2025 | 44.32 Mn |
| Mar 31, 2025 | 44.32 Mn |
| Dec 31, 2024 | 36.94 Mn |
| Dec 31, 2024 | 36.94 Mn |
| Sep 30, 2024 | 40.43 Mn |
| Sep 30, 2024 | 40.43 Mn |
| Jun 30, 2024 | 38.37 Mn |
| Jun 30, 2024 | 38.37 Mn |
| Mar 31, 2024 | 36.84 Mn |
| Mar 31, 2024 | 36.84 Mn |
| Dec 31, 2023 | 28.65 Mn |
| Dec 31, 2023 | 28.65 Mn |