Shoals Technologies (SHLS) Net Cash Flow (2020 - 2026)
Shoals Technologies' Net Cash Flow came in at -$8.05 million for Q3 2026, compared with $3.9 million a year earlier.
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Analysis
Shoals Technologies (SHLS) Net Cash Flow (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shoals Technologies reported Net Cash Flow of -$915,000; for FY2025, it came in at -$16.19 million.
- Going back by year, Net Cash Flow was $804,000 in FY2024 (-94.2%), $13.94 million in FY2023, -$791,000 in FY2022 and -$516,000 in FY2021.
- The Q3 2026 figure represents the lowest quarterly Net Cash Flow since Q2 2025.
- Business Quant data shows SHLS's Net Cash Flow at $13.85 million (Q2 2026), -$5.44 million (Q1 2026) and -$1.27 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 3.61 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | -178.98 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | -109.45 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | -184.01 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | -41.76 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 129.36 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 157.50 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | -249.25 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | -9.80 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | -8.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.05 Mn |
| Jun 30, 2026 | 13.85 Mn |
| Mar 31, 2026 | -5.44 Mn |
| Dec 31, 2025 | -1.27 Mn |
| Sep 30, 2025 | 3.90 Mn |
| Jun 30, 2025 | -30.92 Mn |
| Mar 31, 2025 | 12.10 Mn |
| Dec 31, 2024 | 12.41 Mn |
| Sep 30, 2024 | 7.92 Mn |
| Jun 30, 2024 | -12.05 Mn |
| Mar 31, 2024 | -7.47 Mn |
| Dec 31, 2023 | 13.48 Mn |
| Sep 30, 2023 | 3.36 Mn |
| Jun 30, 2023 | -600,000.00 |
| Mar 31, 2023 | -2.31 Mn |
| Dec 31, 2022 | -22.85 Mn |
| Sep 30, 2022 | 7.81 Mn |
| Jun 30, 2022 | 10.72 Mn |
| Mar 31, 2022 | 3.52 Mn |
| Dec 31, 2021 | -4.63 Mn |
API Access
Shoals Technologies Net Cash Flow 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=net-cash-flow&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();