Shoals Technologies (SHLS) Shares Outstanding (Entity) (2019 - 2026)
Shoals Technologies' Shares Outstanding (Entity) was 168.47 million in Q3 2026, up 0.6% from 167.39 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Shares Outstanding (Entity) (2019 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Shoals Technologies came in at 167.26 million, down 0.8% from FY2024.
- Shares Outstanding (Entity) shows a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 168.57 million in FY2024 (+2.7%), 164.17 million in FY2023 (-3.0%), 169.32 million in FY2022 (+1.5%) and 166.84 million in FY2021 (+4.1%).
- The Q3 2026 figure marks the highest quarterly Shares Outstanding (Entity) since Q4 2024.
- Compared with a year earlier, Shares Outstanding (Entity) has increased for three straight quarters, with growth averaging 0.2% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q4 2021 (growth of 4.1%); the worst was Q4 2023 (a decline of 3.0%).
- Per Business Quant data, SHLS's Shares Outstanding (Entity) in the three quarters before Q3 2026 was 168.29 million (Q2 2026), 167.77 million (Q1 2026) and 167.26 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 264.68 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 295.54 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 107.48 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 150.71 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 91.63 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 58.99 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 750.00 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 36.26 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 242.39 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 168.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 168.47 Mn |
| Jun 30, 2026 | 168.29 Mn |
| Mar 31, 2026 | 167.77 Mn |
| Dec 31, 2025 | 167.26 Mn |
| Sep 30, 2025 | 167.39 Mn |
| Jun 30, 2025 | 167.35 Mn |
| Mar 31, 2025 | 167.17 Mn |
| Dec 31, 2024 | 168.57 Mn |
| Sep 30, 2024 | 166.70 Mn |
| Jun 30, 2024 | 168.31 Mn |
| Mar 31, 2024 | 170.42 Mn |
| Dec 31, 2023 | 164.17 Mn |
| Sep 30, 2023 | 170.05 Mn |
| Jun 30, 2023 | 169.93 Mn |
| Mar 31, 2023 | 169.82 Mn |
| Dec 31, 2022 | 169.32 Mn |
| Sep 30, 2022 | 167.32 Mn |
| Jun 30, 2022 | 167.20 Mn |
| Mar 31, 2022 | 167.15 Mn |
| Dec 31, 2021 | 166.84 Mn |
API Access
Shoals Technologies Shares Outstanding (Entity) 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-entity&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();