Shoals Technologies (SHLS) Change in Account Payables (2020 - 2026)
Shoals Technologies (SHLS) reported Change in Account Payables of $15.2 million for Q1 2026, up 127.79% on a YoY basis from $6.7 million in Q1 2025, and down 50.51% quarter-over-quarter from $30.8 million in Q4 2025.
Shoals Technologies (SHLS) Change in Account Payables (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Change in Account Payables for 7 years, with the latest figure at $15.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Account Payables rose 127.79% year-over-year to $15.2 million; the trailing twelve-month figure through Mar 2026 stood at $51.9 million (up 372.05% YoY), and the FY2025 full-year result was $43.3 million, up 668.63% from the prior year.
- Change in Account Payables for Q1 2026 stood at $15.2 million, down from $30.8 million in the prior quarter.
- The five-year high for Change in Account Payables was $30.8 million in Q4 2025, with the low at -$12.2 million in Q4 2022.
- Historically, Change in Account Payables has averaged $3.4 million across 5 years, with a median of $459000.0 in 2024.
- Annual changes were most pronounced in 2022 — Change in Account Payables plunged 1024.68% — and 2024, when it surged 1909.57%.
- Shoals Technologies' Change in Account Payables stood at -$12.2 million in 2022, then surged by 81.83% to -$2.2 million in 2023, then sank by 67.24% to -$3.7 million in 2024, then soared by 928.73% to $30.8 million in 2025, then slumped by 50.51% to $15.2 million in 2026.
- The last three Change in Account Payables figures came in at $15.2 million (Q1 2026), $30.8 million (Q4 2025), and $6.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (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 | 132.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 78.71 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 15.22 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 | -15.04 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.22 Mn |
| Mar 31, 2026 | 15.22 Mn |
| Dec 31, 2025 | 30.75 Mn |
| Dec 31, 2025 | 30.75 Mn |
| Sep 30, 2025 | 6.47 Mn |
| Sep 30, 2025 | 6.47 Mn |
| Jun 30, 2025 | -583,000.00 |
| Jun 30, 2025 | -583,000.00 |
| Mar 31, 2025 | 6.68 Mn |
| Mar 31, 2025 | 6.68 Mn |
| Dec 31, 2024 | -3.71 Mn |
| Dec 31, 2024 | -3.71 Mn |
| Sep 30, 2024 | 7.56 Mn |
| Sep 30, 2024 | 7.56 Mn |
| Jun 30, 2024 | 459,000.00 |
| Jun 30, 2024 | 459,000.00 |
| Mar 31, 2024 | 1.33 Mn |
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | -2.22 Mn |
| Dec 31, 2023 | -2.22 Mn |