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