Shoals Technologies (SHLS) Interest Paid (2020 - 2026)
Shoals Technologies' Interest Paid came in at $3.55 million for Q3 2026, up 42.2% from $2.5 million a year earlier and up 16.7% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Interest Paid (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shoals Technologies reported Interest Paid of $11.54 million, up 20.4% year-over-year; for FY2025, it was $9.11 million, down 44.1% from FY2024.
- Interest Paid carries a five-year compound annual growth rate of 24.6% (FY2020 to FY2025).
- Going back by year, Interest Paid was $16.29 million in FY2024 (-29.5%), $23.1 million in FY2023 (+79.9%), $12.84 million in FY2022 (+18.8%) and $10.81 million in FY2021 (+256.4%).
- The Q3 2026 figure represents the highest quarterly Interest Paid since Q1 2024.
- Year-over-year, Interest Paid has increased for three consecutive quarters, with an average decline of 9.9% over the last eight quarters.
- The fastest year-over-year change in Interest Paid over five years came in Q3 2023 (growth of 170.3%), and the weakest in Q1 2025 (a decline of 68.8%).
- Business Quant data shows SHLS's Interest Paid at $3.04 million (Q2 2026), $2.59 million (Q1 2026) and $2.36 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | - |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 3.96 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | - |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 631,000.00 |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | - |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 39.40 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | - |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 3.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.55 Mn |
| Jun 30, 2026 | 3.04 Mn |
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | 2.36 Mn |
| Sep 30, 2025 | 2.50 Mn |
| Jun 30, 2025 | 1.98 Mn |
| Mar 31, 2025 | 2.28 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.89 Mn |
| Jun 30, 2024 | 3.27 Mn |
| Mar 31, 2024 | 7.30 Mn |
| Dec 31, 2023 | 5.72 Mn |
| Sep 30, 2023 | 6.08 Mn |
| Jun 30, 2023 | 6.11 Mn |
| Mar 31, 2023 | 5.19 Mn |
| Dec 31, 2022 | 4.46 Mn |
| Sep 30, 2022 | 2.25 Mn |
| Jun 30, 2022 | 3.42 Mn |
| Mar 31, 2022 | 2.71 Mn |
| Dec 31, 2021 | 3.13 Mn |
API Access
Shoals Technologies Interest Paid 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=interest-paid&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-paid", "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=interest-paid&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();