Shoals Technologies (SHLS) Accumulated Expenses (2020 - 2026)
Shoals Technologies (SHLS) reported Accumulated Expenses of $26.3 million for Q1 2026, up 1.34% on a YoY basis from $26.0 million in Q1 2025, and up 18.41% quarter-over-quarter from $22.2 million in Q4 2025.
Shoals Technologies (SHLS) Accumulated Expenses (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Accumulated Expenses for 7 years, with the latest figure 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.
- The five-year high for Accumulated Expenses was $34.7 million in Q3 2024, with the low at $60000.0 in Q3 2022.
- Historically, Accumulated Expenses has averaged $19.3 million across 5 years, with a median of $22.2 million in 2025.
- Annual changes were most pronounced in 2022 — Accumulated Expenses sank 99.6% — and 2023, when it soared 28656.67%.
- Shoals Technologies' Accumulated Expenses stood at $560000.0 in 2022, then surged by 5453.39% to $31.1 million in 2023, then plunged by 59.67% to $12.5 million in 2024, then soared by 77.14% to $22.2 million in 2025, then advanced 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 |