Shoals Technologies (SHLS) Shares Outstanding (Weighted Average) (2021 - 2026)
Shoals Technologies posted quarterly Shares Outstanding (Weighted Average) of $167.6 million for Q1 2026, little changed year-on-year from $167.0 million in Q1 2025, and little changed on a QoQ basis from $167.3 million in Q4 2025.
Shoals Technologies (SHLS) has 6 years of Shares Outstanding (Weighted Average) data on file, last reported at $167.6 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Weighted Average) changed 0.36% year-over-year to $167.6 million; the trailing twelve-month figure through Mar 2026 stood at $167.6 million (changed 0.36% YoY), and the FY2025 full-year result was $167.3 million, down 0.78% from the prior year.
- Shares Outstanding (Weighted Average) for Q1 2026 stood at $167.6 million, roughly flat from $167.3 million in the prior quarter.
- Across five years, Shares Outstanding (Weighted Average) topped out at $170.3 million in Q1 2024 and bottomed at $112.2 million in Q1 2022.
- The 5-year median for Shares Outstanding (Weighted Average) is $167.3 million (2025), against an average of $153.8 million.
- The widest annual swing landed in 2023, when Shares Outstanding (Weighted Average) jumped 51.21%; it then decreased 1.95% in 2025.
- A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $114.5 million in 2022, then jumped by 43.38% to $164.2 million in 2023, then grew by 2.68% to $168.6 million in 2024, then decreased by 0.78% to $167.3 million in 2025, then rose by 0.18% to $167.6 million in 2026.
- The last three Shares Outstanding (Weighted Average) figures came in at $167.6 million (Q1 2026), $167.3 million (Q4 2025), and $167.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 107.36 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 147.98 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 835.54 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 131.34 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 60.52 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 234.58 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 167.56 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 152.96 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 30.24 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 72.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 167.56 Mn |
| Dec 31, 2025 | 167.26 Mn |
| Sep 30, 2025 | 167.21 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 | 112.56 Mn |
| Jun 30, 2022 | 112.35 Mn |
| Mar 31, 2022 | 112.21 Mn |
| Dec 31, 2021 | 99.27 Mn |
| Sep 30, 2021 | 101.89 Mn |
| Jun 30, 2021 | 93.54 Mn |
| Mar 31, 2021 | 93.54 Mn |