Shoals Technologies (SHLS) Change in Receivables (2020 - 2026)
Shoals Technologies (SHLS) posted Change in Receivables of $412000.0 for Q1 2026, down 96.36% on a QoQ basis from $11.3 million in Q4 2025, and up 103.93% year-over-year from $202027.7 in Q1 2025.
Shoals Technologies (SHLS) Change in Receivables (2020 - 2026) Analysis & Trends
Shoals Technologies' Change in Receivables history runs 7 years deep, the most recent figure standing at $412000.0 for Q1 2026.
- Quarterly Change in Receivables rose 103.93% year-over-year to $412000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.5 million (up 272.28% YoY) and the FY2025 annual result came in at $50.6 million, up 274.9% from the prior year.
- Change in Receivables was $412000.0 for Q1 2026 at Shoals Technologies, 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.
- A 5-year average of $5.8 million and a median of $3.0 million in 2024 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2023 — Change in Receivables soared 2388.17% — and 2024, when it sank 868.33%.
- Shoals Technologies' Change in Receivables stood at -$20.9 million in 2022, then jumped by 91.53% to -$1.8 million in 2023, then sank by 868.33% to -$17.1 million in 2024, then jumped by 166.17% to $11.3 million in 2025, then plunged by 96.36% to $412000.0 in 2026.
- Business Quant data shows SHLS's Change in Receivables at $412000.0 in Q1 2026, $11.3 million in Q4 2025, and $14.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -41.56 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 | -43.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 412,000.00 |
| 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 | 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 |