Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026)
Shoals Technologies' Shares Outstanding was 168.06 million in Q2 2026, up 0.5% from 167.29 million a year earlier and up 0.3% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Shoals Technologies came in at 167.26 million, down 0.8% from FY2024.
- Shares Outstanding shows a four-year compound annual growth rate of 13.9% (FY2021 to FY2025).
- In earlier years, Shares Outstanding was 168.57 million in FY2024 (+2.7%), 164.17 million in FY2023 (+43.4%), 114.5 million in FY2022 (+15.3%) and 99.27 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Shares Outstanding since Q4 2024.
- Compared with a year earlier, Shares Outstanding was higher in three of the last eight quarters, with an average decline of 0.3%.
- The best year-over-year quarter for Shares Outstanding over five years was Q2 2023 (growth of 51.0%); the worst was Q1 2025 (a decline of 2.0%).
- Per Business Quant data, SHLS's Shares Outstanding in the three quarters before Q2 2026 was 167.56 million (Q1 2026), 167.26 million (Q4 2025) and 167.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 268.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 287.29 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 107.46 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 91.72 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 58.82 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 150.78 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 36.47 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 131.96 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 244.57 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 168.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Shoals Technologies Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();