Shoals Technologies (SHLS) Change in Accured Expenses (2020 - 2026)
Shoals Technologies (SHLS) reported Change in Accured Expenses of $2.5 million for Q1 2026, up 823.34% on a YoY basis from $271838.3 in Q1 2025, and up 136.53% quarter-over-quarter from -$6.9 million in Q4 2025.
Shoals Technologies (SHLS) Change in Accured Expenses (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Change in Accured Expenses for 7 years, with the latest figure 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.
- The five-year high for Change in Accured Expenses was $7.7 million in Q3 2025, with the low at -$13.4 million in Q1 2024.
- Historically, Change in Accured Expenses has averaged $625529.4 across 5 years, with a median of $1.1 million in 2023.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses soared 2463.57% — and 2025, when it tumbled 1172.41%.
- Shoals Technologies' Change in Accured Expenses 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | -32.03 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -118.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 9.63 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -16.11 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.51 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -847,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
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 |