Shoals Technologies (SHLS) Change in Account Payables (2020 - 2026)

Shoals Technologies (SHLS) posted Change in Account Payables of $15.2 million for Q1 2026, down 50.51% on a QoQ basis from $30.8 million in Q4 2025, and up 127.79% year-over-year from $6.7 million in Q1 2025.

Shoals Technologies (SHLS) Change in Account Payables (2020 - 2026) Analysis & Trends

Shoals Technologies' Change in Account Payables history runs 7 years deep, the most recent figure standing at $15.2 million for Q1 2026.

  • Quarterly Change in Account Payables rose 127.79% year-over-year to $15.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.9 million (up 372.05% YoY) and the FY2025 annual result came in at $43.3 million, up 668.63% from the prior year.
  • Change in Account Payables was $15.2 million for Q1 2026 at Shoals Technologies, down from $30.8 million in the prior quarter.
  • Across five years, Change in Account Payables topped out at $30.8 million in Q4 2025 and bottomed at -$12.2 million in Q4 2022.
  • A 5-year average of $3.4 million and a median of $459000.0 in 2024 frame the typical range for Change in Account Payables.
  • Annual changes were most pronounced in 2022 — Change in Account Payables tumbled 1024.68% — and 2024, when it surged 1909.57%.
  • Shoals Technologies' Change in Account Payables stood at -$12.2 million in 2022, then jumped by 81.83% to -$2.2 million in 2023, then tumbled by 67.24% to -$3.7 million in 2024, then surged by 928.73% to $30.8 million in 2025, then plunged by 50.51% to $15.2 million in 2026.
  • Business Quant data shows SHLS's Change in Account Payables at $15.2 million in Q1 2026, $30.8 million in Q4 2025, and $6.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 132.56 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 78.71 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 15.22 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 84.70 Mn

Historic Data

Download Data
DateValue
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