Shoals Technologies (SHLS) Accounts Payables (2020 - 2026)
Shoals Technologies (SHLS) posted Accounts Payables of $80.4 million for Q1 2026, up 23.97% on a QoQ basis from $64.9 million in Q4 2025, and up 201.06% year-over-year from $26.7 million in Q1 2025.
Shoals Technologies (SHLS) Accounts Payables (2020 - 2026) Analysis & Trends
Shoals Technologies' Accounts Payables history runs 7 years deep, the most recent figure standing at $80.4 million for Q1 2026.
- Quarterly Accounts Payables rose 201.06% year-over-year to $80.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $80.4 million (up 201.06% YoY) and the FY2025 annual result came in at $64.9 million, up 223.86% from the prior year.
- Accounts Payables was $80.4 million for Q1 2026 at Shoals Technologies, up from $64.9 million in the prior quarter.
- Across five years, Accounts Payables topped out at $80.4 million in Q1 2026 and bottomed at $9.5 million in Q4 2022.
- A 5-year average of $26.7 million and a median of $21.4 million in 2022 frame the typical range for Accounts Payables.
- Annual changes were most pronounced in 2022 — Accounts Payables sank 52.56% — and 2025, when it jumped 223.86%.
- Shoals Technologies' Accounts Payables stood at $9.5 million in 2022, then soared by 51.84% to $14.4 million in 2023, then surged by 39.15% to $20.0 million in 2024, then soared by 223.86% to $64.9 million in 2025, then rose by 23.97% to $80.4 million in 2026.
- Business Quant data shows SHLS's Accounts Payables at $80.4 million in Q1 2026, $64.9 million in Q4 2025, and $33.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 113.46 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.05 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 878.83 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 142.17 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 48.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 14.22 Mn |