Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026)
Shoals Technologies (SHLS) reported Shares Outstanding of $167.8 million for Q1 2026, little changed on a YoY basis from $167.2 million in Q1 2025, and little changed quarter-over-quarter from $167.5 million in Q4 2025.
Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026) Analysis & Trends
Shoals Technologies has reported Shares Outstanding for 6 years, with the latest figure 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.
- The five-year high for Shares Outstanding was $170.4 million in Q1 2024, with the low at $54.8 million in Q1 2022.
- Historically, Shares Outstanding has averaged $152.4 million across 5 years, with a median of $167.4 million in 2025.
- Annual changes were most pronounced in 2023 — Shares Outstanding surged 51.14% — and 2024, when it retreated 1.97%.
- Shoals Technologies' Shares Outstanding stood at $137.9 million in 2022, then rose by 23.36% to $170.1 million in 2023, then retreated by 1.97% to $166.8 million in 2024, then advanced by 0.41% to $167.5 million in 2025, then increased 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 107.45 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 149.39 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 131.78 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 60.82 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 235.51 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 167.77 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 153.73 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 | 75.86 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 13.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 167.45 Mn |
| Dec 31, 2025 | 167.45 Mn |
| Dec 31, 2025 | 167.45 Mn |
| Dec 31, 2025 | 167.45 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 |