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

Shoals Technologies (SHLS) reported Change in Receivables of $412000.0 for Q1 2026, up 103.93% on a YoY basis from $202027.7 in Q1 2025, and down 96.36% quarter-over-quarter from $11.3 million in Q4 2025.

Shoals Technologies (SHLS) Change in Receivables (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Change in Receivables for 7 years, with the latest figure 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.
  • The five-year high for Change in Receivables was $35.7 million in Q2 2025, with the low at -$20.9 million in Q4 2022.
  • Historically, Change in Receivables has averaged $5.8 million across 5 years, with a median of $3.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Change in Receivables soared 2388.17% — and 2024, when it slumped 868.33%.
  • Shoals Technologies' Change in Receivables stood at -$20.9 million in 2022, then surged by 91.53% to -$1.8 million in 2023, then tumbled by 868.33% to -$17.1 million in 2024, then surged by 166.17% to $11.3 million in 2025, then slumped 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 28.68 Bn 26.25 Bn 486.13 Mn 85.76 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -41.56 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -43.56 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -22.09 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 412,000.00
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 1.23 Mn
10 Skycorp Solar 110.38 Mn 103.60 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