Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026)

Shoals Technologies (SHLS) reported Share-based Compensation of $3.3 million for Q1 2026, up 24.65% on a YoY basis from $2.7 million in Q1 2025, and up 48.88% quarter-over-quarter from $2.2 million in Q4 2025.

Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Share-based Compensation for 7 years, with the latest figure at $3.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Share-based Compensation rose 24.65% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2026 stood at $10.6 million (down 11.04% YoY), and the FY2025 full-year result was $9.9 million, down 30.41% from the prior year.
  • Share-based Compensation for Q1 2026 stood at $3.3 million, up from $2.2 million in the prior quarter.
  • The five-year high for Share-based Compensation was $7.5 million in Q1 2023, with the low at $1.3 million in Q3 2024.
  • Historically, Share-based Compensation has averaged $3.8 million across 5 years, with a median of $3.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Share-based Compensation soared 175.22% — and 2024, when it tumbled 74.82%.
  • Shoals Technologies' Share-based Compensation stood at $4.2 million in 2022, then fell by 9.93% to $3.8 million in 2023, then advanced by 0.95% to $3.8 million in 2024, then plunged by 41.95% to $2.2 million in 2025, then surged by 48.88% to $3.3 million in 2026.
  • The last three Share-based Compensation figures came in at $3.3 million (Q1 2026), $2.2 million (Q4 2025), and $2.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 6.78 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 120.30 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.99 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 19.85 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 26.30 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 3.32 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 3.94 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1.61 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 3.32 Mn
Mar 31, 2026 3.32 Mn
Dec 31, 2025 2.23 Mn
Dec 31, 2025 2.23 Mn
Sep 30, 2025 2.42 Mn
Sep 30, 2025 2.42 Mn
Jun 30, 2025 2.59 Mn
Jun 30, 2025 2.59 Mn
Mar 31, 2025 2.66 Mn
Mar 31, 2025 2.66 Mn
Dec 31, 2024 3.84 Mn
Dec 31, 2024 3.84 Mn
Sep 30, 2024 1.28 Mn
Sep 30, 2024 1.28 Mn
Jun 30, 2024 4.09 Mn
Jun 30, 2024 4.09 Mn
Mar 31, 2024 5.02 Mn
Mar 31, 2024 5.02 Mn
Dec 31, 2023 3.80 Mn
Dec 31, 2023 3.80 Mn