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
DateValue
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