Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Shoals Technologies' (SHLS) quarterly Change in Account Payables came in at $15.2 million in Q1 2026, up 127.79% YoY from $6.7 million in Q1 2025, and down 50.51% on a QoQ basis from $30.8 million in Q4 2025.

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

Shoals Technologies (SHLS) has 7 years of Change in Account Payables data on file, last reported at $15.2 million in 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 retreated to $15.2 million in Q1 2026, from $30.8 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $30.8 million in Q4 2025 to a low of -$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 plunged 1024.68% — and 2024, when it surged 1909.57%.
  • Tracing SHLS's Change in Account Payables over 5 years: 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 23.03 Bn 21.30 Bn 605.00 Mn -
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn -
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn -9.42 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 55.70 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn -14.36 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn -
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn -
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 84.70 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.36 Mn
Jun 30, 2026 -14.36 Mn
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