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
DateValue
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