Shoals Technologies SHLS
NASDAQ SHLS
$6.96 -0.10 (-1.42%)
As of: Sep 10, 2026 · 9:40 AM EDT

Shoals Technologies (SHLS) Retained Earnings (2021 - 2026)

Shoals Technologies' (SHLS) quarterly Retained Earnings came in at $498.5 million in Q2 2026, up 2.04% on a YoY basis from $488.5 million in Q2 2025, and up 0.69% quarter-over-quarter from $495.1 million in Q1 2026.

Analysis

Shoals Technologies (SHLS) Retained Earnings (2021 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported Retained Earnings for 6 consecutive years, with $498.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Retained Earnings rose 2.04% year-over-year to $498.5 million; the trailing twelve-month figure through Jun 2026 stood at $498.5 million (up 2.04% YoY), and the FY2025 full-year result was $493.1 million, up 1.97% from the prior year.
  • Retained Earnings advanced to $498.5 million in Q2 2026 per SHLS's latest filing, from $495.1 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $498.5 million in Q2 2026 and bottomed at $98.4 million in Q1 2022.
  • Historically, Retained Earnings has averaged $404.2 million across 5 years, with a median of $472.6 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Retained Earnings jumped 364.85% in 2023, then rose 1.53% in 2024.
  • Over 5 years, Retained Earnings stood at $256.9 million in 2022, then soared by 83.17% to $470.5 million in 2023, then gained by 2.76% to $483.6 million in 2024, then grew by 1.97% to $493.1 million in 2025, then gained by 1.1% to $498.5 million in 2026.
  • According to Business Quant data, Retained Earnings over the past three periods registered $498.5 million, $495.1 million, and $493.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 First Solar 21.45 Bn 19.72 Bn 605.00 Mn 7.56 Bn
2 Nextpower 11.99 Bn 10.78 Bn 335.85 Mn 4.36 Bn
3 Enphase Energy 4.75 Bn 3.81 Bn 175.01 Mn 1.36 Bn
4 Solaredge Technologies 2.13 Bn 1.55 Bn 95.15 Mn 1.93 Bn
5 T1 Energy 1.30 Bn 1.08 Bn 49.10 Mn 1.37 Bn
6 Shoals Technologies 1.16 Bn 1.14 Bn 49.53 Mn 498.50 Mn
7 Canadian Solar 874.94 Mn -591.57 Mn 168.48 Mn 1.37 Bn
8 Array Technologies 677.78 Mn 370.48 Mn 99.60 Mn -396.52 Mn
9 JinkoSolar Holding 612.93 Mn -2.07 Bn 75.62 Mn -
10 Toyo 130.33 Mn 20.29 Mn 36.97 Mn 135.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 498.50 Mn
Mar 31, 2026 495.06 Mn
Dec 31, 2025 493.09 Mn
Sep 30, 2025 490.88 Mn
Jun 30, 2025 488.53 Mn
Mar 31, 2025 485.96 Mn
Dec 31, 2024 483.55 Mn
Sep 30, 2024 479.76 Mn
Jun 30, 2024 468.79 Mn
Mar 31, 2024 474.75 Mn
Dec 31, 2023 470.54 Mn
Sep 30, 2023 466.77 Mn
Jun 30, 2023 461.71 Mn
Mar 31, 2023 457.30 Mn
Dec 31, 2022 256.89 Mn
Sep 30, 2022 104.54 Mn
Jun 30, 2022 101.24 Mn
Mar 31, 2022 98.38 Mn
Dec 31, 2021 95.68 Mn
Sep 30, 2021 92.15 Mn