Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Share-based Compensation came in at $1.3 million in Q1 2026, down 95.71% YoY from $31.4 million in Q1 2025, and down 96.5% on a QoQ basis from $38.5 million in Q4 2025.
Shoals Technologies (SHLS) Share-based Compensation (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Share-based Compensation data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Share-based Compensation fell 95.71% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.7 million (up 26.45% YoY) and the FY2025 annual result came in at $46.2 million, up 12.62% from the prior year.
- Share-based Compensation eased to $1.3 million in Q1 2026, from $38.5 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $56.6 million in Q3 2023 to a low of -$13.2 million in Q4 2023.
- A 5-year average of $19.2 million and a median of $9.6 million in 2023 frame the typical range for Share-based Compensation.
- The widest YoY moves for Share-based Compensation: up 94256.67% in 2023, down 412.25% in 2023.
- Tracing SHLS's Share-based Compensation over 5 years: stood at $4.2 million in 2022, then plunged by 412.25% to -$13.2 million in 2023, then jumped by 199.09% to $13.1 million in 2024, then jumped by 194.75% to $38.5 million in 2025, then sank by 96.5% to $1.3 million in 2026.
- The last three Share-based Compensation figures came in at $1.3 million (Q1 2026), $38.5 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.04 Bn | 21.32 Bn | 605.00 Mn | 7.05 Mn |
| 2 | Nextpower | 13.04 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.03 Bn | 4.09 Bn | 175.01 Mn | 43.55 Mn |
| 4 | Sunrun | 2.20 Bn | 2.20 Bn | 527.54 Mn | 21.12 Mn |
| 5 | Solaredge Technologies | 1.87 Bn | 1.29 Bn | 95.15 Mn | 308.90 Mn |
| 6 | Shoals Technologies | 1.21 Bn | 1.19 Bn | 49.53 Mn | 3.88 Mn |
| 7 | Canadian Solar | 974.82 Mn | -613.47 Mn | 124.40 Mn | 51.94 Mn |
| 8 | JinkoSolar Holding | 835.83 Mn | -2.47 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 722.40 Mn | 415.10 Mn | 99.60 Mn | 4.58 Mn |
| 10 | Toyo | 178.60 Mn | 101.96 Mn | 47.76 Mn | 18,267.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.88 Mn |
| Jun 30, 2026 | 3.88 Mn |
| Mar 31, 2026 | 1.35 Mn |
| Mar 31, 2026 | 1.35 Mn |
| Dec 31, 2025 | 38.49 Mn |
| Dec 31, 2025 | 38.49 Mn |
| Sep 30, 2025 | 7.60 Mn |
| Sep 30, 2025 | 7.60 Mn |
| Jun 30, 2025 | 19.79 Mn |
| Jun 30, 2025 | 19.79 Mn |
| Mar 31, 2025 | 31.41 Mn |
| Mar 31, 2025 | 31.41 Mn |
| Dec 31, 2024 | 13.06 Mn |
| Dec 31, 2024 | 13.06 Mn |
| Sep 30, 2024 | 54.74 Mn |
| Sep 30, 2024 | 54.74 Mn |
| Jun 30, 2024 | 47.33 Mn |
| Jun 30, 2024 | 47.33 Mn |
| Mar 31, 2024 | 51.80 Mn |
| Mar 31, 2024 | 51.80 Mn |