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| Date | Value |
|---|---|
| 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 |