Shoals Technologies (SHLS) Prepaid Assets (2020 - 2026)
Shoals Technologies (SHLS) posted Prepaid Assets of $12.6 million for Q1 2026, up 28.79% on a QoQ basis from $9.8 million in Q4 2025, and down 2.17% year-over-year from $12.9 million in Q1 2025.
Shoals Technologies (SHLS) Prepaid Assets (2020 - 2026) Analysis & Trends
Shoals Technologies' Prepaid Assets history runs 7 years deep, the most recent figure standing at $12.6 million for Q1 2026.
- Quarterly Prepaid Assets fell 2.17% year-over-year to $12.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.6 million (down 2.17% YoY) and the FY2025 annual result came in at $9.8 million, down 0.88% from the prior year.
- Prepaid Assets was $12.6 million for Q1 2026 at Shoals Technologies, 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.
- A 5-year average of $8.5 million and a median of $7.6 million in 2022 frame the typical range for Prepaid Assets.
- Annual changes were most pronounced in 2023 — Prepaid Assets slumped 36.02% — and 2025, when it surged 217.62%.
- Shoals Technologies' Prepaid Assets stood at $4.6 million in 2022, then declined by 4.56% to $4.4 million in 2023, then surged by 122.78% to $9.8 million in 2024, then fell by 0.88% to $9.8 million in 2025, then rose by 28.79% to $12.6 million in 2026.
- Business Quant data shows SHLS's Prepaid Assets at $12.6 million in Q1 2026, $9.8 million in Q4 2025, and $7.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |