Growth Metrics

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

Shoals Technologies posted quarterly Prepaid Assets of $12.6 million for Q1 2026, down 2.17% year-on-year from $12.9 million in Q1 2025, and up 28.79% on a QoQ basis from $9.8 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Prepaid Assets data on file, last reported 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.
  • Across five years, Prepaid Assets topped out at $15.2 million in Q2 2025 and bottomed at $4.4 million in Q4 2023.
  • The 5-year median for Prepaid Assets is $7.6 million (2022), against an average of $8.5 million.
  • The widest annual swing landed in 2023, when Prepaid Assets sank 36.02%; it then surged 217.62% in 2025.
  • A 5-year view of Prepaid Assets shows it stood at $4.6 million in 2022, then dropped by 4.56% to $4.4 million in 2023, then jumped by 122.78% to $9.8 million in 2024, then declined by 0.88% to $9.8 million in 2025, then increased 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 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

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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
Mar 31, 2021 6.51 Mn
Dec 31, 2020 155,000.00