Growth Metrics

Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026)

Shoals Technologies posted quarterly Shares Outstanding of $167.8 million for Q1 2026, little changed year-on-year from $167.2 million in Q1 2025, and little changed on a QoQ basis from $167.5 million in Q4 2025.

Shoals Technologies (SHLS) has 6 years of Shares Outstanding data on file, last reported at $167.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding changed 0.36% year-over-year to $167.8 million; the trailing twelve-month figure through Mar 2026 stood at $167.8 million (changed 0.36% YoY), and the FY2025 full-year result was $167.5 million, changed 0.41% from the prior year.
  • Shares Outstanding for Q1 2026 stood at $167.8 million, roughly flat from $167.5 million in the prior quarter.
  • Across five years, Shares Outstanding topped out at $171.4 million in Q4 2025 and bottomed at $112.4 million in Q1 2022.
  • The 5-year median for Shares Outstanding is $167.4 million (2025), against an average of $156.2 million.
  • The widest annual swing landed in 2022, when Shares Outstanding sank 71.96%; it then soared 441.43% in 2023.
  • A 5-year view of Shares Outstanding shows it stood at $31.4 million in 2022, then jumped by 441.43% to $170.1 million in 2023, then decreased by 1.97% to $166.8 million in 2024, then climbed by 0.41% to $167.5 million in 2025, then rose by 0.19% to $167.8 million in 2026.
  • The last three Shares Outstanding figures came in at $167.8 million (Q1 2026), $167.5 million (Q4 2025), and $167.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 107.45 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 149.39 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 131.78 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 60.82 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 235.51 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 167.77 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 153.73 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 75.86 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Mar 31, 2026 167.77 Mn
Dec 31, 2025 167.45 Mn
Dec 31, 2025 171.36 Mn
Dec 31, 2025 171.36 Mn
Dec 31, 2025 171.36 Mn
Dec 31, 2025 171.36 Mn
Dec 31, 2025 167.45 Mn
Dec 31, 2025 167.45 Mn
Dec 31, 2025 167.45 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Sep 30, 2025 167.39 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Jun 30, 2025 167.35 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Mar 31, 2025 167.17 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Dec 31, 2024 166.76 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Sep 30, 2024 166.70 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Jun 30, 2024 168.31 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Mar 31, 2024 170.42 Mn
Dec 31, 2023 170.12 Mn
Dec 31, 2023 170.12 Mn
Dec 31, 2023 170.12 Mn
Dec 31, 2023 170.12 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Sep 30, 2023 170.05 Mn
Jun 30, 2023 169.93 Mn
Jun 30, 2023 169.93 Mn
Jun 30, 2023 169.93 Mn
Jun 30, 2023 169.93 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Mar 31, 2023 169.82 Mn
Dec 31, 2022 31.42 Mn
Dec 31, 2022 137.90 Mn
Dec 31, 2022 137.90 Mn
Dec 31, 2022 137.90 Mn
Dec 31, 2022 137.90 Mn
Dec 31, 2022 31.42 Mn
Dec 31, 2022 31.42 Mn
Dec 31, 2022 31.42 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Sep 30, 2022 113.51 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Jun 30, 2022 112.67 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Mar 31, 2022 112.36 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Dec 31, 2021 112.05 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Sep 30, 2021 62.66 Mn
Jun 30, 2021 73.07 Mn
Jun 30, 2021 73.07 Mn
Jun 30, 2021 73.07 Mn
Jun 30, 2021 73.07 Mn
Jun 30, 2021 93.55 Mn
Jun 30, 2021 93.55 Mn
Jun 30, 2021 93.55 Mn
Jun 30, 2021 93.55 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn
Mar 31, 2021 93.54 Mn