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
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 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