Shoals Technologies (SHLS) Change in Receivables (2020 - 2026)
Shoals Technologies' Change in Receivables came in at $25 million for Q3 2026, up 78.2% from $14.03 million a year earlier and up 345.1% from the prior quarter.
Shoals Technologies (SHLS) Change in Receivables (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shoals Technologies reported Change in Receivables of $42.36 million, up 91.1% year-over-year; for FY2025, it came in at $50.61 million.
- Going back by year, Change in Receivables was -$28.94 million in FY2024, $56.84 million in FY2023 (+195.9%), $19.21 million in FY2022 and -$818,000 in FY2021.
- The Q3 2026 figure represents the highest quarterly Change in Receivables since Q2 2025.
- Business Quant data shows SHLS's Change in Receivables at $5.62 million (Q2 2026), $412,000 (Q1 2026) and $11.33 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | -824.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 175.24 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 150.01 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | -20.37 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 177.25 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 14.90 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 98.28 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 4.90 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 25.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.00 Mn |
| Jun 30, 2026 | 5.62 Mn |
| Mar 31, 2026 | 412,000.00 |
| Dec 31, 2025 | 11.33 Mn |
| Sep 30, 2025 | 14.03 Mn |
| Jun 30, 2025 | 35.73 Mn |
| Mar 31, 2025 | -10.48 Mn |
| Dec 31, 2024 | -17.12 Mn |
| Sep 30, 2024 | 3.04 Mn |
| Jun 30, 2024 | -11.14 Mn |
| Mar 31, 2024 | -3.72 Mn |
| Dec 31, 2023 | -1.77 Mn |
| Sep 30, 2023 | 11.79 Mn |
| Jun 30, 2023 | 21.67 Mn |
| Mar 31, 2023 | 25.15 Mn |
| Dec 31, 2022 | -20.88 Mn |
| Sep 30, 2022 | 13.83 Mn |
| Jun 30, 2022 | 871,000.00 |
| Mar 31, 2022 | 25.39 Mn |
| Dec 31, 2021 | -13.09 Mn |
Shoals Technologies Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();