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
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