Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Share-based Compensation came in at $3.9 million in Q2 2026, down 80.37% on a YoY basis from $19.8 million in Q2 2025, and up 137.55% quarter-over-quarter from $1.6 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Share-based Compensation for 7 consecutive years, with $3.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Share-based Compensation fell 80.37% year-over-year to $3.9 million; the trailing twelve-month figure through Jun 2026 stood at $3.9 million (down 80.37% YoY), and the FY2025 full-year result was $46.2 million, up 12.62% from the prior year.
- Share-based Compensation climbed to $3.9 million in Q2 2026 per SHLS's latest filing, from $1.6 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $56.6 million in Q3 2023 and bottomed at $60000.0 in Q2 2022.
- Historically, Share-based Compensation has averaged $17.7 million across 5 years, with a median of $4.2 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Share-based Compensation plunged 97.84% in 2022, then soared 94256.67% in 2023.
- Over 5 years, Share-based Compensation stood at $4.2 million in 2022, then decreased by 9.93% to $3.8 million in 2023, then grew by 0.95% to $3.8 million in 2024, then jumped by 97.94% to $7.6 million in 2025, then plunged by 48.87% to $3.9 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $3.9 million, $1.6 million, and $7.6 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 60.91 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 43.55 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 308.90 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 5.79 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 3.88 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | - |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 4.58 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | - |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 1.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.88 Mn |
| Mar 31, 2026 | 1.64 Mn |
| Sep 30, 2025 | 7.60 Mn |
| Jun 30, 2025 | 19.79 Mn |
| Mar 31, 2025 | 31.41 Mn |
| Dec 31, 2024 | 3.84 Mn |
| Sep 30, 2024 | 54.74 Mn |
| Jun 30, 2024 | 47.33 Mn |
| Mar 31, 2024 | 51.80 Mn |
| Dec 31, 2023 | 3.80 Mn |
| Sep 30, 2023 | 56.61 Mn |
| Jun 30, 2023 | 9.63 Mn |
| Mar 31, 2023 | 400,000.00 |
| Dec 31, 2022 | 4.22 Mn |
| Sep 30, 2022 | 60,000.00 |
| Jun 30, 2022 | 60,000.00 |
| Mar 31, 2022 | 3.83 Mn |
| Dec 31, 2021 | 4.79 Mn |
| Sep 30, 2021 | 2.33 Mn |
| Jun 30, 2021 | 2.78 Mn |