Shoals Technologies (SHLS) Accounts Payables (2020 - 2026)
Shoals Technologies posted quarterly Accounts Payables of $80.4 million for Q1 2026, up 201.06% year-on-year from $26.7 million in Q1 2025, and up 23.97% on a QoQ basis from $64.9 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Accounts Payables data on file, last reported 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.
- Across five years, Accounts Payables topped out at $80.4 million in Q1 2026 and bottomed at $9.5 million in Q4 2022.
- The 5-year median for Accounts Payables is $21.4 million (2022), against an average of $26.7 million.
- The widest annual swing landed in 2022, when Accounts Payables plunged 52.56%; it then jumped 223.86% in 2025.
- A 5-year view of Accounts Payables shows it stood at $9.5 million in 2022, then surged by 51.84% to $14.4 million in 2023, then jumped by 39.15% to $20.0 million in 2024, then surged by 223.86% to $64.9 million in 2025, then increased 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 779.20 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 113.46 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 142.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.05 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 14.09 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 |
| Mar 31, 2021 | 12.94 Mn |
| Dec 31, 2020 | 14.63 Mn |