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
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