Shoals Technologies (SHLS) Cash & Equivalents (2019 - 2026)
Shoals Technologies' Cash & Equivalents was $7.67 million in Q3 2026, down 10.7% from $8.59 million a year earlier and down 51.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Cash & Equivalents (2019 - 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%).
- Quarterly Cash & Equivalents has moved between $1.88 million (Q1 2026) and $35.61 million (Q1 2025) over five years.
- Compared with a year earlier, Cash & Equivalents was higher in four of the last eight quarters, with growth averaging 27.9%.
- 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 Q3 2026 was $15.72 million (Q2 2026), $1.88 million (Q1 2026) and $7.32 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.58 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 568.53 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 393.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.20 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 275.50 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 408.70 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 7.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.67 Mn |
| 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 |
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();