Shoals Technologies (SHLS) Non-Current Debt (2020 - 2026)

Shoals Technologies (SHLS) reported Non-Current Debt of $181.8 million for Q1 2026, up 28.22% on a YoY basis from $141.8 million in Q1 2025, and up 32.91% quarter-over-quarter from $136.8 million in Q4 2025.

Shoals Technologies (SHLS) Non-Current Debt (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Non-Current Debt for 7 years, with the latest figure at $181.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 28.22% year-over-year to $181.8 million; the trailing twelve-month figure through Mar 2026 stood at $181.8 million (up 28.22% YoY), and the FY2025 full-year result was $136.8 million, down 3.53% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $181.8 million, up from $136.8 million in the prior quarter.
  • The five-year high for Non-Current Debt was $181.8 million in Q1 2026, with the low at $20.0 million in Q2 2023.
  • Historically, Non-Current Debt has averaged $108.2 million across 5 years, with a median of $129.2 million in 2025.
  • Annual changes were most pronounced in 2023 — Non-Current Debt sank 76.51% — and 2024, when it jumped 633.75%.
  • Shoals Technologies' Non-Current Debt stood at $48.0 million in 2022, then fell by 16.67% to $40.0 million in 2023, then soared by 254.38% to $141.8 million in 2024, then decreased by 3.53% to $136.8 million in 2025, then surged by 32.91% to $181.8 million in 2026.
  • The last three Non-Current Debt figures came in at $181.8 million (Q1 2026), $136.8 million (Q4 2025), and $126.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 237.18 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 572.51 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 152.20 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 181.75 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 656.96 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.76 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - 43,725.00

Historic Data

Download Data
DateValue
Mar 31, 2026 181.75 Mn
Mar 31, 2026 181.75 Mn
Dec 31, 2025 136.75 Mn
Dec 31, 2025 136.75 Mn
Sep 30, 2025 126.75 Mn
Sep 30, 2025 126.75 Mn
Jun 30, 2025 131.75 Mn
Jun 30, 2025 131.75 Mn
Mar 31, 2025 141.75 Mn
Mar 31, 2025 141.75 Mn
Dec 31, 2024 141.75 Mn
Dec 31, 2024 141.75 Mn
Sep 30, 2024 141.75 Mn
Sep 30, 2024 141.75 Mn
Jun 30, 2024 146.75 Mn
Jun 30, 2024 146.75 Mn
Mar 31, 2024 168.75 Mn
Mar 31, 2024 168.75 Mn
Dec 31, 2023 40.00 Mn
Dec 31, 2023 40.00 Mn