Shoals Technologies SHLS
NASDAQ SHLS
$7.38 -0.57 (-7.17%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Shoals Technologies' (SHLS) quarterly Other Non-Current Assets came in at $4.6 million in Q1 2026, down 52.03% YoY 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) Other Non-Current Assets (2020 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has 7 years of Other Non-Current Assets data on file, last reported at $4.6 million in 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 fell to $4.6 million in Q1 2026, from $5.4 million in the prior quarter.
  • In the past five years, Other Non-Current Assets ranged from a high of $24.5 million in Q3 2022 to a low of $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 sank 77.35%.
  • Tracing SHLS's Other Non-Current Assets over 5 years: stood at $6.3 million in 2022, then declined by 18.31% to $5.2 million in 2023, then surged by 84.56% to $9.5 million in 2024, then sank by 43.35% to $5.4 million in 2025, then fell 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 23.03 Bn 21.30 Bn 605.00 Mn 757.13 Mn
2 Nextpower 13.25 Bn 12.03 Bn 335.85 Mn 66.18 Mn
3 Enphase Energy 5.07 Bn 4.13 Bn 175.01 Mn 316.29 Mn
4 Sunrun 2.24 Bn 2.24 Bn 527.54 Mn 3.89 Bn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 75.95 Mn
6 Shoals Technologies 1.24 Bn 1.22 Bn 49.53 Mn 5.83 Mn
7 Canadian Solar 991.33 Mn -596.96 Mn 124.40 Mn 663.13 Mn
8 JinkoSolar Holding 831.90 Mn -2.48 Bn 147.66 Mn 321.42 Mn
9 Array Technologies 727.79 Mn 420.48 Mn 99.60 Mn 109.20 Mn
10 Toyo 170.12 Mn 93.48 Mn 47.76 Mn 2.64 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 5.83 Mn
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