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| 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 |