Growth Metrics

Shoals Technologies (SHLS) Change in Receivables (2020 - 2026)

Shoals Technologies posted quarterly Change in Receivables of $412000.0 for Q1 2026, up 103.93% year-on-year from $202027.7 in Q1 2025, and down 96.36% on a QoQ basis from $11.3 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Change in Receivables data on file, last reported at $412000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables rose 103.93% year-over-year to $412000.0; the trailing twelve-month figure through Mar 2026 stood at $61.5 million (up 272.28% YoY), and the FY2025 full-year result was $50.6 million, up 274.9% from the prior year.
  • Change in Receivables for Q1 2026 stood at $412000.0, down from $11.3 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $35.7 million in Q2 2025 and bottomed at -$20.9 million in Q4 2022.
  • The 5-year median for Change in Receivables is $3.0 million (2024), against an average of $5.8 million.
  • The widest annual swing landed in 2023, when Change in Receivables soared 2388.17%; it then plunged 868.33% in 2024.
  • A 5-year view of Change in Receivables shows it stood at -$20.9 million in 2022, then soared by 91.53% to -$1.8 million in 2023, then slumped by 868.33% to -$17.1 million in 2024, then soared by 166.17% to $11.3 million in 2025, then sank by 96.36% to $412000.0 in 2026.
  • The last three Change in Receivables figures came in at $412000.0 (Q1 2026), $11.3 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 85.76 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -41.56 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -43.56 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -22.09 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 412,000.00
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 1.23 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 412,000.00
Mar 31, 2026 412,000.00
Dec 31, 2025 11.33 Mn
Dec 31, 2025 11.33 Mn
Sep 30, 2025 14.03 Mn
Sep 30, 2025 14.03 Mn
Jun 30, 2025 35.73 Mn
Jun 30, 2025 35.73 Mn
Mar 31, 2025 -10.48 Mn
Mar 31, 2025 -10.48 Mn
Dec 31, 2024 -17.12 Mn
Dec 31, 2024 -17.12 Mn
Sep 30, 2024 3.04 Mn
Sep 30, 2024 3.04 Mn
Jun 30, 2024 -11.14 Mn
Jun 30, 2024 -11.14 Mn
Mar 31, 2024 -3.72 Mn
Mar 31, 2024 -3.72 Mn
Dec 31, 2023 -1.77 Mn
Dec 31, 2023 -1.77 Mn
Sep 30, 2023 11.79 Mn
Sep 30, 2023 11.79 Mn
Jun 30, 2023 21.67 Mn
Jun 30, 2023 21.67 Mn
Mar 31, 2023 25.15 Mn
Mar 31, 2023 25.15 Mn
Dec 31, 2022 -20.88 Mn
Dec 31, 2022 -20.88 Mn
Sep 30, 2022 13.83 Mn
Sep 30, 2022 13.83 Mn
Jun 30, 2022 871,000.00
Jun 30, 2022 871,000.00
Mar 31, 2022 25.39 Mn
Mar 31, 2022 25.39 Mn
Dec 31, 2021 -13.09 Mn
Dec 31, 2021 -13.09 Mn
Sep 30, 2021 -3.70 Mn
Sep 30, 2021 -3.70 Mn
Jun 30, 2021 14.84 Mn
Jun 30, 2021 14.84 Mn
Mar 31, 2021 1.13 Mn
Mar 31, 2021 1.13 Mn
Dec 31, 2020 -1.38 Mn
Dec 31, 2020 -1.38 Mn
Sep 30, 2020 1.11 Mn
Sep 30, 2020 1.11 Mn
Jun 30, 2020 9.74 Mn
Jun 30, 2020 9.74 Mn
Mar 31, 2020 -9.76 Mn
Mar 31, 2020 -9.76 Mn