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

Shoals Technologies (SHLS) reported Other Non-Current Assets of $4.6 million for Q1 2026, down 52.03% on a YoY basis from $9.6 million in Q1 2025, and down 14.44% quarter-over-quarter from $5.4 million in Q4 2025.

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

Shoals Technologies has reported Other Non-Current Assets for 7 years, with the latest figure 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.
  • The five-year high for Other Non-Current Assets was $24.5 million in Q3 2022, with the low at $4.6 million in Q1 2026.
  • Historically, Other Non-Current Assets has averaged $8.9 million across 5 years, with a median of $7.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Other Non-Current Assets soared 2594.53% — and 2023, when it sank 77.35%.
  • Shoals Technologies' Other Non-Current Assets 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 28.68 Bn 26.25 Bn 486.13 Mn 766.94 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 69.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 211.71 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 72.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 148,000.00
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 4.62 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.29 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 321.42 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1.25 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
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