Growth Metrics

Shoals Technologies (SHLS) Other Non-Current Assets (2020 - 2026)

Shoals Technologies posted quarterly Other Non-Current Assets of $4.6 million for Q1 2026, down 52.03% year-on-year from $9.6 million in Q1 2025, and down 14.44% on a QoQ basis from $5.4 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Other Non-Current Assets data on file, last reported at $4.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Non-Current Assets fell 52.03% year-over-year to $4.6 million; the trailing twelve-month figure through Mar 2026 stood at $4.6 million (down 52.03% YoY), and the FY2025 full-year result was $5.4 million, down 43.35% from the prior year.
  • Other Non-Current Assets for Q1 2026 stood at $4.6 million, down from $5.4 million in the prior quarter.
  • Across five years, Other Non-Current Assets topped out at $24.5 million in Q3 2022 and bottomed at $4.6 million in Q1 2026.
  • The 5-year median for Other Non-Current Assets is $7.8 million (2024), against an average of $8.9 million.
  • The widest annual swing landed in 2022, when Other Non-Current Assets soared 2594.53%; it then tumbled 77.35% in 2023.
  • A 5-year view of Other Non-Current Assets shows it stood at $6.3 million in 2022, then fell by 18.31% to $5.2 million in 2023, then soared by 84.56% to $9.5 million in 2024, then plunged by 43.35% to $5.4 million in 2025, then retreated by 14.44% to $4.6 million in 2026.
  • The last three Other Non-Current Assets figures came in at $4.6 million (Q1 2026), $5.4 million (Q4 2025), and $5.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Non-Current Assets (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 766.94 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 69.49 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 28.31 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 211.71 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 72.51 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 148,000.00
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 4.62 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 1.29 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 321.42 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 1.25 Mn

Historic Data

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DateValue
Mar 31, 2026 4.62 Mn
Dec 31, 2025 5.40 Mn
Sep 30, 2025 5.41 Mn
Jun 30, 2025 8.11 Mn
Mar 31, 2025 9.64 Mn
Dec 31, 2024 9.54 Mn
Sep 30, 2024 9.55 Mn
Jun 30, 2024 7.76 Mn
Mar 31, 2024 8.20 Mn
Dec 31, 2023 5.17 Mn
Sep 30, 2023 5.54 Mn
Jun 30, 2023 5.70 Mn
Mar 31, 2023 6.07 Mn
Dec 31, 2022 6.33 Mn
Sep 30, 2022 24.46 Mn
Jun 30, 2022 17.77 Mn
Mar 31, 2022 12.80 Mn
Dec 31, 2021 5.76 Mn
Sep 30, 2021 1.20 Mn
Jun 30, 2021 840,000.00
Mar 31, 2021 475,000.00
Dec 31, 2020 4.24 Mn