Shoals Technologies (SHLS) Prepaid Assets (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Prepaid Assets came in at $12.6 million in Q1 2026, down 2.17% YoY 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) Prepaid Assets (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Prepaid Assets data on file, last reported at $12.6 million in 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 climbed to $12.6 million in Q1 2026, from $9.8 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $15.2 million in Q2 2025 to a low of $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 tumbled 36.02% — and 2025, when it surged 217.62%.
- Tracing SHLS's Prepaid Assets over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.48 Mn |
| 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 |