Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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