Shoals Technologies (SHLS) Other Non-Current Assets (2020 - 2026)
Shoals Technologies (SHLS) posted Other Non-Current Assets of $4.6 million for Q1 2026, down 14.44% on a QoQ basis from $5.4 million in Q4 2025, and down 52.03% year-over-year from $9.6 million in Q1 2025.
Shoals Technologies (SHLS) Other Non-Current Assets (2020 - 2026) Analysis & Trends
Shoals Technologies' Other Non-Current Assets history runs 7 years deep, the most recent figure standing at $4.6 million for Q1 2026.
- Quarterly Other Non-Current Assets fell 52.03% year-over-year to $4.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 million (down 52.03% YoY) and the FY2025 annual result came in at $5.4 million, down 43.35% from the prior year.
- Other Non-Current Assets was $4.6 million for Q1 2026 at Shoals Technologies, 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.
- A 5-year average of $8.9 million and a median of $7.8 million in 2024 frame the typical range for Other Non-Current Assets.
- Annual changes were most pronounced in 2022 — Other Non-Current Assets soared 2594.53% — and 2023, when it plunged 77.35%.
- Shoals Technologies' Other Non-Current Assets stood at $6.3 million in 2022, then retreated by 18.31% to $5.2 million in 2023, then jumped by 84.56% to $9.5 million in 2024, then tumbled by 43.35% to $5.4 million in 2025, then decreased by 14.44% to $4.6 million in 2026.
- Business Quant data shows SHLS's Other Non-Current Assets at $4.6 million in Q1 2026, $5.4 million in Q4 2025, and $5.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 766.94 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 69.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 211.71 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 321.42 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 72.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 409.72 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 4.62 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 28.31 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 54.11 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 505,856.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |