Shoals Technologies (SHLS) Receivables (2020 - 2026)

Shoals Technologies (SHLS) posted Receivables of $194.5 million for Q1 2026, up 28.42% on a QoQ basis from $151.4 million in Q4 2025, and up 147.36% year-over-year from $78.6 million in Q1 2025.

Shoals Technologies (SHLS) Receivables (2020 - 2026) Analysis & Trends

Shoals Technologies' Receivables history runs 7 years deep, the most recent figure standing at $194.5 million for Q1 2026.

  • Quarterly Receivables rose 147.36% year-over-year to $194.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $194.5 million (up 147.36% YoY) and the FY2025 annual result came in at $151.4 million, up 52.17% from the prior year.
  • Receivables was $194.5 million for Q1 2026 at Shoals Technologies, up from $151.4 million in the prior quarter.
  • Across five years, Receivables topped out at $194.5 million in Q1 2026 and bottomed at $65.3 million in Q4 2022.
  • A 5-year average of $111.9 million and a median of $109.3 million in 2024 frame the typical range for Receivables.
  • Annual changes were most pronounced in 2025 — Receivables sank 38.38% — and 2026, when it jumped 147.36%.
  • Shoals Technologies' Receivables stood at $65.3 million in 2022, then jumped by 125.42% to $147.2 million in 2023, then plunged by 32.4% to $99.5 million in 2024, then soared by 52.17% to $151.4 million in 2025, then gained by 28.42% to $194.5 million in 2026.
  • Business Quant data shows SHLS's Receivables at $194.5 million in Q1 2026, $151.4 million in Q4 2025, and $125.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 1.41 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 950.30 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 232.24 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 1.99 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 280.70 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 1.28 Bn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 194.45 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.06 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 402.83 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 17.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 194.45 Mn
Dec 31, 2025 151.42 Mn
Sep 30, 2025 125.17 Mn
Jun 30, 2025 113.29 Mn
Mar 31, 2025 78.61 Mn
Dec 31, 2024 99.51 Mn
Sep 30, 2024 109.09 Mn
Jun 30, 2024 109.28 Mn
Mar 31, 2024 127.57 Mn
Dec 31, 2023 147.20 Mn
Sep 30, 2023 137.39 Mn
Jun 30, 2023 119.52 Mn
Mar 31, 2023 95.08 Mn
Dec 31, 2022 65.30 Mn
Sep 30, 2022 83.50 Mn
Jun 30, 2022 72.90 Mn
Mar 31, 2022 73.53 Mn
Dec 31, 2021 40.20 Mn
Sep 30, 2021 55.66 Mn
Jun 30, 2021 49.77 Mn