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| 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 |