Growth Metrics

Shoals Technologies (SHLS) Receivables (2020 - 2026)

Shoals Technologies posted quarterly Receivables of $194.0 million for Q1 2026, up 148.3% year-on-year from $78.1 million in Q1 2025, and up 28.51% on a QoQ basis from $150.9 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Receivables data on file, last reported at $194.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables rose 148.3% year-over-year to $194.0 million; the trailing twelve-month figure through Mar 2026 stood at $194.0 million (up 148.3% YoY), and the FY2025 full-year result was $150.9 million, up 83.09% from the prior year.
  • Receivables for Q1 2026 stood at $194.0 million, up from $150.9 million in the prior quarter.
  • Across five years, Receivables topped out at $194.0 million in Q1 2026 and bottomed at $65.3 million in Q4 2022.
  • The 5-year median for Receivables is $109.1 million (2024), against an average of $109.9 million.
  • The widest annual swing landed in 2024, when Receivables slumped 44.0%; it then jumped 148.3% in 2026.
  • A 5-year view of Receivables shows it stood at $65.3 million in 2022, then soared by 125.42% to $147.2 million in 2023, then sank by 44.0% to $82.4 million in 2024, then soared by 83.09% to $150.9 million in 2025, then rose by 28.51% to $194.0 million in 2026.
  • The last three Receivables figures came in at $194.0 million (Q1 2026), $150.9 million (Q4 2025), and $117.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 1.67 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 950.30 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.06 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 336.42 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 277.70 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 1.28 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 193.96 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 402.83 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.99 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 14.17 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 193.96 Mn
Dec 31, 2025 150.93 Mn
Sep 30, 2025 117.60 Mn
Jun 30, 2025 105.52 Mn
Mar 31, 2025 78.11 Mn
Dec 31, 2024 82.43 Mn
Sep 30, 2024 109.09 Mn
Jun 30, 2024 110.04 Mn
Mar 31, 2024 126.81 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 83.21 Mn
Jun 30, 2022 72.41 Mn
Mar 31, 2022 73.04 Mn
Dec 31, 2021 40.20 Mn
Sep 30, 2021 55.14 Mn
Jun 30, 2021 49.77 Mn
Mar 31, 2021 38.13 Mn
Dec 31, 2020 28.00 Mn