Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Shoals Technologies' (SHLS) quarterly Shares Outstanding (Entity) came in at $171.7 million in Q1 2026, little changed YoY from $171.1 million in Q1 2025, and little changed on a QoQ basis from $171.4 million in Q4 2025.

Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has 6 years of Shares Outstanding (Entity) data on file, last reported at $171.7 million in Q1 2026.

  • Quarterly Shares Outstanding (Entity) changed 0.35% year-over-year to $171.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $171.7 million (changed 0.35% YoY) and the FY2025 annual result came in at $171.4 million, changed 0.4% from the prior year.
  • Shares Outstanding (Entity) was little changed at $171.7 million in Q1 2026, from $171.4 million in the prior quarter.
  • In the past five years, Shares Outstanding (Entity) ranged from a high of $171.7 million in Q1 2026 to a low of $112.4 million in Q1 2022.
  • A 5-year average of $157.2 million and a median of $170.4 million in 2024 frame the typical range for Shares Outstanding (Entity).
  • Annual changes were most pronounced in 2023 — Shares Outstanding (Entity) surged 51.14% — and 2024, when it grew 0.32%.
  • Tracing SHLS's Shares Outstanding (Entity) over 5 years: stood at $114.5 million in 2022, then surged by 48.58% to $170.1 million in 2023, then advanced by 0.33% to $170.7 million in 2024, then grew by 0.4% to $171.4 million in 2025, then advanced by 0.19% to $171.7 million in 2026.
  • The last three Shares Outstanding (Entity) figures came in at $171.7 million (Q1 2026), $171.4 million (Q4 2025), and $171.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 107.46 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 150.78 Mn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 131.96 Mn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 239.00 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 61.05 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 168.06 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 67.37 Mn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 52.37 Mn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 153.87 Mn
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 37.68 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 168.06 Mn
Mar 31, 2026 167.56 Mn
Dec 31, 2025 167.26 Mn
Sep 30, 2025 167.37 Mn
Jun 30, 2025 167.29 Mn
Mar 31, 2025 166.96 Mn
Dec 31, 2024 168.57 Mn
Sep 30, 2024 167.32 Mn
Jun 30, 2024 169.99 Mn
Mar 31, 2024 170.28 Mn
Dec 31, 2023 164.17 Mn
Sep 30, 2023 169.97 Mn
Jun 30, 2023 169.89 Mn
Mar 31, 2023 146.41 Mn
Dec 31, 2022 114.50 Mn
Sep 30, 2022 112.98 Mn
Jun 30, 2022 112.49 Mn
Mar 31, 2022 112.21 Mn
Dec 31, 2021 99.27 Mn
Sep 30, 2021 101.89 Mn