Shoals Technologies (SHLS) Prepaid Assets (2020 - 2026)

Shoals Technologies (SHLS) reported Prepaid Assets of $12.6 million for Q1 2026, down 2.17% on a YoY basis from $12.9 million in Q1 2025, and up 28.79% quarter-over-quarter from $9.8 million in Q4 2025.

Shoals Technologies (SHLS) Prepaid Assets (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Prepaid Assets for 7 years, with the latest figure at $12.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Prepaid Assets fell 2.17% year-over-year to $12.6 million; the trailing twelve-month figure through Mar 2026 stood at $12.6 million (down 2.17% YoY), and the FY2025 full-year result was $9.8 million, down 0.88% from the prior year.
  • Prepaid Assets for Q1 2026 stood at $12.6 million, up from $9.8 million in the prior quarter.
  • The five-year high for Prepaid Assets was $15.2 million in Q2 2025, with the low at $4.4 million in Q4 2023.
  • Historically, Prepaid Assets has averaged $8.5 million across 5 years, with a median of $7.6 million in 2022.
  • Annual changes were most pronounced in 2023 — Prepaid Assets tumbled 36.02% — and 2025, when it surged 217.62%.
  • Shoals Technologies' Prepaid Assets stood at $4.6 million in 2022, then slipped by 4.56% to $4.4 million in 2023, then soared by 122.78% to $9.8 million in 2024, then dropped by 0.88% to $9.8 million in 2025, then grew by 28.79% to $12.6 million in 2026.
  • The last three Prepaid Assets figures came in at $12.6 million (Q1 2026), $9.8 million (Q4 2025), and $7.1 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 12.57 Mn
Dec 31, 2025 9.76 Mn
Sep 30, 2025 7.09 Mn
Jun 30, 2025 15.20 Mn
Mar 31, 2025 12.85 Mn
Dec 31, 2024 9.85 Mn
Sep 30, 2024 4.72 Mn
Jun 30, 2024 4.78 Mn
Mar 31, 2024 6.87 Mn
Dec 31, 2023 4.42 Mn
Sep 30, 2023 6.66 Mn
Jun 30, 2023 7.18 Mn
Mar 31, 2023 8.09 Mn
Dec 31, 2022 4.63 Mn
Sep 30, 2022 7.61 Mn
Jun 30, 2022 8.83 Mn
Mar 31, 2022 12.65 Mn
Dec 31, 2021 5.04 Mn
Sep 30, 2021 11.71 Mn
Jun 30, 2021 7.29 Mn