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| 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 | 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 |