Shoals Technologies (SHLS) Accumulated Expenses (2020 - 2026)
Shoals Technologies posted quarterly Accumulated Expenses of $26.3 million for Q1 2026, up 1.34% year-on-year from $26.0 million in Q1 2025, and up 18.41% on a QoQ basis from $22.2 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Accumulated Expenses data on file, last reported at $26.3 million in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses rose 1.34% year-over-year to $26.3 million; the trailing twelve-month figure through Mar 2026 stood at $26.3 million (up 1.34% YoY), and the FY2025 full-year result was $22.2 million, up 77.14% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $26.3 million, up from $22.2 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $34.7 million in Q3 2024 and bottomed at $60000.0 in Q3 2022.
- The 5-year median for Accumulated Expenses is $22.2 million (2025), against an average of $19.3 million.
- The widest annual swing landed in 2022, when Accumulated Expenses tumbled 99.6%; it then soared 28656.67% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $560000.0 in 2022, then soared by 5453.39% to $31.1 million in 2023, then tumbled by 59.67% to $12.5 million in 2024, then jumped by 77.14% to $22.2 million in 2025, then climbed by 18.41% to $26.3 million in 2026.
- The last three Accumulated Expenses figures came in at $26.3 million (Q1 2026), $22.2 million (Q4 2025), and $27.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.31 Mn |
| Dec 31, 2025 | 22.22 Mn |
| Sep 30, 2025 | 27.28 Mn |
| Jun 30, 2025 | 16.93 Mn |
| Mar 31, 2025 | 25.96 Mn |
| Dec 31, 2024 | 12.54 Mn |
| Sep 30, 2024 | 34.74 Mn |
| Jun 30, 2024 | 31.15 Mn |
| Mar 31, 2024 | 31.71 Mn |
| Dec 31, 2023 | 31.10 Mn |
| Sep 30, 2023 | 17.25 Mn |
| Jun 30, 2023 | 9.63 Mn |
| Mar 31, 2023 | 400,000.00 |
| Dec 31, 2022 | 560,000.00 |
| Sep 30, 2022 | 60,000.00 |
| Jun 30, 2022 | 25.30 Mn |
| Mar 31, 2022 | 14.76 Mn |
| Dec 31, 2021 | 60,000.00 |
| Sep 30, 2021 | 15.11 Mn |
| Jun 30, 2021 | 9.50 Mn |
| Mar 31, 2021 | 8.53 Mn |
| Dec 31, 2020 | 5.97 Mn |