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| 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 |