Shoals Technologies (SHLS) Change in Accured Expenses (2020 - 2026)
Shoals Technologies posted quarterly Change in Accured Expenses of $2.5 million for Q1 2026, up 823.34% year-on-year from $271838.3 in Q1 2025, and up 136.53% on a QoQ basis from -$6.9 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Change in Accured Expenses data on file, last reported at $2.5 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses rose 823.34% year-over-year to $2.5 million; the trailing twelve-month figure through Mar 2026 stood at $7.6 million (up 322.95% YoY), and the FY2025 full-year result was $4.8 million, up 142.59% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at $2.5 million, up from -$6.9 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $7.7 million in Q3 2025 and bottomed at -$13.4 million in Q1 2024.
- The 5-year median for Change in Accured Expenses is $1.1 million (2023), against an average of $625529.4.
- The widest annual swing landed in 2022, when Change in Accured Expenses soared 2463.57%; it then sank 1172.41% in 2025.
- A 5-year view of Change in Accured Expenses shows it stood at $2.4 million in 2022, then plunged by 53.06% to $1.1 million in 2023, then tumbled by 147.33% to -$540000.0 in 2024, then tumbled by 1172.41% to -$6.9 million in 2025, then surged by 136.53% to $2.5 million in 2026.
- The last three Change in Accured Expenses figures came in at $2.5 million (Q1 2026), -$6.9 million (Q4 2025), and $7.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -32.03 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 7.48 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -118.13 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 9.63 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -16.11 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.51 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -847,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.51 Mn |
| Mar 31, 2026 | 2.51 Mn |
| Dec 31, 2025 | -6.87 Mn |
| Dec 31, 2025 | -6.87 Mn |
| Sep 30, 2025 | 7.72 Mn |
| Sep 30, 2025 | 7.72 Mn |
| Jun 30, 2025 | 4.28 Mn |
| Jun 30, 2025 | 4.28 Mn |
| Mar 31, 2025 | -347,000.00 |
| Mar 31, 2025 | -347,000.00 |
| Dec 31, 2024 | -540,000.00 |
| Dec 31, 2024 | -540,000.00 |
| Sep 30, 2024 | 2.97 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | -272,000.00 |
| Jun 30, 2024 | -272,000.00 |
| Mar 31, 2024 | -13.40 Mn |
| Mar 31, 2024 | -13.40 Mn |
| Dec 31, 2023 | 1.14 Mn |
| Dec 31, 2023 | 1.14 Mn |
| Sep 30, 2023 | 3.24 Mn |
| Sep 30, 2023 | 3.24 Mn |
| Jun 30, 2023 | 1.15 Mn |
| Jun 30, 2023 | 1.15 Mn |
| Mar 31, 2023 | -1.06 Mn |
| Mar 31, 2023 | -1.06 Mn |
| Dec 31, 2022 | 2.43 Mn |
| Dec 31, 2022 | 2.43 Mn |
| Sep 30, 2022 | 2.97 Mn |
| Sep 30, 2022 | 2.97 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.12 Mn |
| Dec 31, 2021 | -8.85 Mn |
| Dec 31, 2021 | -8.85 Mn |
| Sep 30, 2021 | 2.97 Mn |
| Sep 30, 2021 | 2.97 Mn |
| Jun 30, 2021 | 140,000.00 |
| Jun 30, 2021 | 140,000.00 |
| Mar 31, 2021 | -502,000.00 |
| Mar 31, 2021 | -502,000.00 |
| Dec 31, 2020 | 1.95 Mn |
| Dec 31, 2020 | 1.95 Mn |
| Sep 30, 2020 | 689,000.00 |
| Sep 30, 2020 | 689,000.00 |
| Jun 30, 2020 | 1.38 Mn |
| Jun 30, 2020 | 1.38 Mn |
| Mar 31, 2020 | 929,000.00 |
| Mar 31, 2020 | 929,000.00 |