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 Accured Expenses (2020 - 2026)

Shoals Technologies' (SHLS) quarterly Change in Accured Expenses came in at $2.5 million in Q1 2026, up 823.34% YoY from $271838.3 in Q1 2025, and up 136.53% on a QoQ basis from -$6.9 million in Q4 2025.

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

Shoals Technologies (SHLS) has 7 years of Change in Accured Expenses data on file, last reported at $2.5 million in 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 grew to $2.5 million in Q1 2026, from -$6.9 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $7.7 million in Q3 2025 to a low of -$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 tumbled 1172.41%.
  • Tracing SHLS's Change in Accured Expenses over 5 years: stood at $2.4 million in 2022, then sank by 53.06% to $1.1 million in 2023, then plunged by 147.33% to -$540000.0 in 2024, then plunged by 1172.41% to -$6.9 million in 2025, then jumped 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 23.03 Bn 21.30 Bn 605.00 Mn 45.29 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 2.48 Mn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn -36.63 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -16.16 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 7.52 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 -

Historic Data

Download Data
DateValue
Jun 30, 2026 7.52 Mn
Jun 30, 2026 7.52 Mn
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