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| Date | Value |
|---|---|
| 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 |