Shoals Technologies (SHLS) Current Deferred Revenue (2021 - 2026)
Shoals Technologies' (SHLS) quarterly Current Deferred Revenue came in at $30.3 million in Q1 2026, up 99.69% YoY from $15.2 million in Q1 2025, and down 18.06% on a QoQ basis from $37.0 million in Q4 2025.
Shoals Technologies (SHLS) Current Deferred Revenue (2021 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 6 years of Current Deferred Revenue data on file, last reported at $30.3 million in Q1 2026.
- Quarterly Current Deferred Revenue rose 99.69% year-over-year to $30.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.3 million (up 99.69% YoY) and the FY2025 annual result came in at $37.0 million, up 97.64% from the prior year.
- Current Deferred Revenue retreated to $30.3 million in Q1 2026, from $37.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $37.0 million in Q4 2025 to a low of $15.2 million in Q1 2025.
- A 5-year average of $24.2 million and a median of $22.8 million in 2022 frame the typical range for Current Deferred Revenue.
- Annual changes were most pronounced in 2022 — Current Deferred Revenue soared 1165.62% — and 2024, when it slumped 32.12%.
- Tracing SHLS's Current Deferred Revenue over 5 years: stood at $23.3 million in 2022, then retreated by 4.72% to $22.2 million in 2023, then slipped by 15.6% to $18.7 million in 2024, then surged by 97.64% to $37.0 million in 2025, then decreased by 18.06% to $30.3 million in 2026.
- The last three Current Deferred Revenue figures came in at $30.3 million (Q1 2026), $37.0 million (Q4 2025), and $26.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.25 Mn |
| Mar 31, 2026 | 30.34 Mn |
| Dec 31, 2025 | 37.03 Mn |
| Sep 30, 2025 | 26.10 Mn |
| Jun 30, 2025 | 20.08 Mn |
| Mar 31, 2025 | 15.20 Mn |
| Dec 31, 2024 | 18.74 Mn |
| Sep 30, 2024 | 20.56 Mn |
| Jun 30, 2024 | 21.24 Mn |
| Mar 31, 2024 | 21.83 Mn |
| Dec 31, 2023 | 22.20 Mn |
| Sep 30, 2023 | 27.03 Mn |
| Jun 30, 2023 | 31.30 Mn |
| Mar 31, 2023 | 23.45 Mn |
| Dec 31, 2022 | 23.30 Mn |
| Dec 31, 2021 | 1.84 Mn |