Shoals Technologies (SHLS) Accounts Payables (2020 - 2026)
Shoals Technologies (SHLS) posted Accounts Payables of $65.98 million for Q2 2026, up 125.6% from $29.24 million a year earlier but down 18.0% from the prior quarter.
Shoals Technologies (SHLS) Accounts Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies' Accounts Payables came in at $64.88 million, up 223.9% from FY2024.
- Annual Accounts Payables has increased for three consecutive years, with a five-year compound annual growth rate of 34.7% (FY2020 to FY2025).
- In prior years, Shoals Technologies' Accounts Payables was $20.03 million in FY2024 (+39.1%), $14.4 million in FY2023 (+51.8%), $9.48 million in FY2022 (-52.6%) and $19.99 million in FY2021 (+36.6%).
- Quarterly Accounts Payables has run from a low of $9.48 million in Q4 2022 to a high of $80.43 million in Q1 2026 over five years.
- On a year-over-year basis, Accounts Payables has increased in each of the last eight quarters, with growth averaging 103.3% over the last eight quarters.
- The strongest year-over-year quarter for Accounts Payables in the past five years was Q4 2025, with growth of 223.9%; the weakest was Q4 2022, with a decline of 52.6%.
- According to Business Quant data, Accounts Payables for the three prior quarters was $80.43 million (Q1 2026), $64.88 million (Q4 2025) and $33.94 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 556.09 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 335.16 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 65.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.98 Mn |
| Mar 31, 2026 | 80.43 Mn |
| Dec 31, 2025 | 64.88 Mn |
| Sep 30, 2025 | 33.94 Mn |
| Jun 30, 2025 | 29.24 Mn |
| Mar 31, 2025 | 26.71 Mn |
| Dec 31, 2024 | 20.03 Mn |
| Sep 30, 2024 | 23.74 Mn |
| Jun 30, 2024 | 16.19 Mn |
| Mar 31, 2024 | 15.73 Mn |
| Dec 31, 2023 | 14.40 Mn |
| Sep 30, 2023 | 16.62 Mn |
| Jun 30, 2023 | 16.24 Mn |
| Mar 31, 2023 | 21.94 Mn |
| Dec 31, 2022 | 9.48 Mn |
| Sep 30, 2022 | 21.38 Mn |
| Jun 30, 2022 | 24.26 Mn |
| Mar 31, 2022 | 17.88 Mn |
| Dec 31, 2021 | 19.99 Mn |
| Sep 30, 2021 | 18.66 Mn |
Shoals Technologies Accounts Payables 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=accounts-payables&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "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=accounts-payables&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();