Shoals Technologies (SHLS) Accounts Payables (2020 - 2026)
Shoals Technologies (SHLS) reported Accounts Payables of $80.4 million for Q1 2026, up 201.06% on a YoY basis from $26.7 million in Q1 2025, and up 23.97% quarter-over-quarter from $64.9 million in Q4 2025.
Shoals Technologies (SHLS) Accounts Payables (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Accounts Payables for 7 years, with the latest figure at $80.4 million in Q1 2026.
- For the quarter ending Q1 2026, Accounts Payables rose 201.06% year-over-year to $80.4 million; the trailing twelve-month figure through Mar 2026 stood at $80.4 million (up 201.06% YoY), and the FY2025 full-year result was $64.9 million, up 223.86% from the prior year.
- Accounts Payables for Q1 2026 stood at $80.4 million, up from $64.9 million in the prior quarter.
- The five-year high for Accounts Payables was $80.4 million in Q1 2026, with the low at $9.5 million in Q4 2022.
- Historically, Accounts Payables has averaged $26.7 million across 5 years, with a median of $21.4 million in 2022.
- Annual changes were most pronounced in 2022 — Accounts Payables slumped 52.56% — and 2025, when it jumped 223.86%.
- Shoals Technologies' Accounts Payables stood at $9.5 million in 2022, then jumped by 51.84% to $14.4 million in 2023, then soared by 39.15% to $20.0 million in 2024, then jumped by 223.86% to $64.9 million in 2025, then grew by 23.97% to $80.4 million in 2026.
- The last three Accounts Payables figures came in at $80.4 million (Q1 2026), $64.9 million (Q4 2025), and $33.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 113.46 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 404.51 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 343.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 80.43 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 142.17 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.05 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.09 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 112,948.00 |
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 |