Shoals Technologies (SHLS) Other Working Capital Changes (2020 - 2026)
Shoals Technologies (SHLS) posted Other Working Capital Changes of $24.9 million for Q2 2026, compared with $408,000 a year earlier.
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Analysis
Shoals Technologies (SHLS) Other Working Capital Changes (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at Shoals Technologies was $39.64 million, up 420.4% year-over-year; for FY2025, it came in at $18.29 million, up 87.3% from FY2024.
- In prior years, Shoals Technologies' Other Working Capital Changes was $9.77 million in FY2024, -$1.36 million in FY2023, $21.42 million in FY2022 and $1.67 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Other Working Capital Changes in data going back to Q1 2020.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q3 2022, with growth of 553.3%; the weakest was Q2 2023, with a decline of 34.3%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was -$6.69 million (Q1 2026), $10.93 million (Q4 2025) and $10.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.90 Mn |
| Mar 31, 2026 | -6.69 Mn |
| Dec 31, 2025 | 10.93 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 408,000.00 |
| Mar 31, 2025 | -3.54 Mn |
| Dec 31, 2024 | 7.10 Mn |
| Sep 30, 2024 | 3.65 Mn |
| Jun 30, 2024 | -4.15 Mn |
| Mar 31, 2024 | 3.17 Mn |
| Dec 31, 2023 | -5.12 Mn |
| Sep 30, 2023 | -4.27 Mn |
| Jun 30, 2023 | 4.76 Mn |
| Mar 31, 2023 | 3.28 Mn |
| Dec 31, 2022 | -5.46 Mn |
| Sep 30, 2022 | 14.85 Mn |
| Jun 30, 2022 | 7.24 Mn |
| Mar 31, 2022 | 4.79 Mn |
| Dec 31, 2021 | -5.24 Mn |
| Sep 30, 2021 | 2.27 Mn |
API Access
Shoals Technologies Other Working Capital Changes 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=other-working-capital-changes&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();