Shoals Technologies SHLS
NASDAQ SHLS
$6.99 -0.07 (-0.92%)
As of: Sep 10, 2026 · 1:43 PM EDT

Shoals Technologies (SHLS) Payables (2020 - 2026)

Shoals Technologies' (SHLS) quarterly Payables came in at $66.0 million in Q2 2026, up 125.65% on a YoY basis from $29.2 million in Q2 2025, and down 17.96% quarter-over-quarter from $80.4 million in Q1 2026.

Analysis

Shoals Technologies (SHLS) Payables (2020 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported Payables for 7 consecutive years, with $66.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payables rose 125.65% year-over-year to $66.0 million; the trailing twelve-month figure through Jun 2026 stood at $66.0 million (up 125.65% YoY), and the FY2025 full-year result was $64.9 million, up 223.86% from the prior year.
  • Payables slipped to $66.0 million in Q2 2026 per SHLS's latest filing, from $80.4 million in the prior quarter.
  • Across five years, Payables topped out at $80.4 million in Q1 2026 and bottomed at $9.5 million in Q4 2022.
  • Historically, Payables has averaged $28.8 million across 5 years, with a median of $21.7 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Payables tumbled 52.56% in 2022, then surged 223.86% in 2025.
  • Over 5 years, Payables stood at $9.5 million in 2022, then soared by 51.84% to $14.4 million in 2023, then surged by 39.15% to $20.0 million in 2024, then soared by 223.86% to $64.9 million in 2025, then advanced by 1.7% to $66.0 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $66.0 million, $80.4 million, and $64.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 22.19 Bn 20.46 Bn 605.00 Mn 346.33 Mn
2 Nextpower 12.26 Bn 11.04 Bn 335.85 Mn 535.97 Mn
3 Enphase Energy 4.88 Bn 3.94 Bn 175.01 Mn 124.59 Mn
4 Solaredge Technologies 2.13 Bn 1.55 Bn 95.15 Mn 460.14 Mn
5 T1 Energy 1.31 Bn 1.10 Bn 49.10 Mn 127.09 Mn
6 Shoals Technologies 1.18 Bn 1.16 Bn 49.53 Mn 65.98 Mn
7 Canadian Solar 879.83 Mn -586.67 Mn 168.48 Mn 4.13 Bn
8 Array Technologies 697.78 Mn 390.48 Mn 99.60 Mn 161.09 Mn
9 JinkoSolar Holding 610.91 Mn -2.07 Bn 75.62 Mn 3.17 Bn
10 Toyo 132.74 Mn 22.70 Mn 36.97 Mn 88.74 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 65.98 Mn
Mar 31, 2026 80.43 Mn
Dec 31, 2025 64.88 Mn
Sep 30, 2025 33.94 Mn
Jun 30, 2025 29.24 Mn
Mar 31, 2025 26.71 Mn
Dec 31, 2024 20.03 Mn
Sep 30, 2024 23.74 Mn
Jun 30, 2024 16.19 Mn
Mar 31, 2024 15.73 Mn
Dec 31, 2023 14.40 Mn
Sep 30, 2023 16.62 Mn
Jun 30, 2023 16.24 Mn
Mar 31, 2023 21.94 Mn
Dec 31, 2022 9.48 Mn
Sep 30, 2022 21.38 Mn
Jun 30, 2022 24.26 Mn
Mar 31, 2022 17.88 Mn
Dec 31, 2021 19.99 Mn
Sep 30, 2021 18.66 Mn