Growth Metrics

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

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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
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