Shoals Technologies (SHLS) Cash & Equivalents (2020 - 2026)
Shoals Technologies' Cash & Equivalents was $15.72 million in Q2 2026, up 235.6% from $4.69 million a year earlier and up 737.7% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Cash & Equivalents (2020 - 2026) Analysis & Trends
At the end of FY2025, Cash & Equivalents at Shoals Technologies came in at $7.32 million, down 68.9% from FY2024.
- Cash & Equivalents shows a five-year compound annual growth rate of -6.2% (FY2020 to FY2025).
- In earlier years, Cash & Equivalents was $23.51 million in FY2024 (+3.5%), $22.71 million in FY2023 (+159.0%), $8.77 million in FY2022 (+75.1%) and $5.01 million in FY2021 (-50.3%).
- The Q2 2026 figure marks the highest quarterly Cash & Equivalents since Q1 2025.
- Compared with a year earlier, Cash & Equivalents was higher in five of the last eight quarters, with growth averaging 31.7%.
- The best year-over-year quarter for Cash & Equivalents over five years was Q2 2026 (growth of 235.6%); the worst was Q1 2026 (a decline of 94.7%).
- Per Business Quant data, SHLS's Cash & Equivalents in the three quarters before Q2 2026 was $1.88 million (Q1 2026), $7.32 million (Q4 2025) and $8.59 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 2.67 Bn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 1.69 Bn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 608.20 Mn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 264.92 Mn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 1.21 Bn |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 529.34 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 418.70 Mn |
| 10 | Shoals Technologies | 1.37 Bn | 1.33 Bn | 49.53 Mn | 15.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.72 Mn |
| Mar 31, 2026 | 1.88 Mn |
| Dec 31, 2025 | 7.32 Mn |
| Sep 30, 2025 | 8.59 Mn |
| Jun 30, 2025 | 4.69 Mn |
| Mar 31, 2025 | 35.61 Mn |
| Dec 31, 2024 | 23.51 Mn |
| Sep 30, 2024 | 11.11 Mn |
| Jun 30, 2024 | 3.19 Mn |
| Mar 31, 2024 | 15.24 Mn |
| Dec 31, 2023 | 22.71 Mn |
| Sep 30, 2023 | 9.22 Mn |
| Jun 30, 2023 | 5.86 Mn |
| Mar 31, 2023 | 6.46 Mn |
| Dec 31, 2022 | 8.77 Mn |
| Sep 30, 2022 | 11.20 Mn |
| Jun 30, 2022 | 10.09 Mn |
| Mar 31, 2022 | 2.53 Mn |
| Dec 31, 2021 | 5.01 Mn |
| Sep 30, 2021 | 14.19 Mn |
API Access
Shoals Technologies Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();