Shoals Technologies (SHLS) Change in Accured Expenses (2020 - 2026)

Shoals Technologies (SHLS) posted Change in Accured Expenses of $2.5 million for Q1 2026, up 136.53% on a QoQ basis from -$6.9 million in Q4 2025, and up 823.34% year-over-year from $271838.3 in Q1 2025.

Shoals Technologies (SHLS) Change in Accured Expenses (2020 - 2026) Analysis & Trends

Shoals Technologies' Change in Accured Expenses history runs 7 years deep, the most recent figure standing at $2.5 million for Q1 2026.

  • Quarterly Change in Accured Expenses rose 823.34% year-over-year to $2.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.6 million (up 322.95% YoY) and the FY2025 annual result came in at $4.8 million, up 142.59% from the prior year.
  • Change in Accured Expenses was $2.5 million for Q1 2026 at Shoals Technologies, 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.
  • A 5-year average of $625529.4 and a median of $1.1 million in 2023 frame the typical range for Change in Accured Expenses.
  • Annual changes were most pronounced in 2022 — Change in Accured Expenses soared 2463.57% — and 2025, when it slumped 1172.41%.
  • Shoals Technologies' Change in Accured Expenses stood at $2.4 million in 2022, then tumbled by 53.06% to $1.1 million in 2023, then slumped by 147.33% to -$540000.0 in 2024, then slumped by 1172.41% to -$6.9 million in 2025, then soared by 136.53% to $2.5 million in 2026.
  • Business Quant data shows SHLS's Change in Accured Expenses at $2.5 million in Q1 2026, -$6.9 million in Q4 2025, and $7.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -211.36 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -118.13 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 9.63 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -16.11 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.51 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 -

Historic Data

Download Data
DateValue
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