Shoals Technologies (SHLS) Receivables (2020 - 2026)

Shoals Technologies (SHLS) reported Receivables of $194.0 million for Q1 2026, up 146.73% on a YoY basis from $78.6 million in Q1 2025, and up 28.09% quarter-over-quarter from $151.4 million in Q4 2025.

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

Shoals Technologies has reported Receivables for 7 years, with the latest figure at $194.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables rose 146.73% year-over-year to $194.0 million; the trailing twelve-month figure through Mar 2026 stood at $194.0 million (up 146.73% YoY), and the FY2025 full-year result was $151.4 million, up 82.59% from the prior year.
  • Receivables for Q1 2026 stood at $194.0 million, up from $151.4 million in the prior quarter.
  • The five-year high for Receivables was $194.0 million in Q1 2026, with the low at $65.3 million in Q4 2022.
  • Historically, Receivables has averaged $110.4 million across 5 years, with a median of $109.1 million in 2024.
  • Annual changes were most pronounced in 2024 — Receivables tumbled 43.66% — and 2026, when it surged 146.73%.
  • Shoals Technologies' Receivables stood at $65.3 million in 2022, then surged by 125.42% to $147.2 million in 2023, then tumbled by 43.66% to $82.9 million in 2024, then surged by 82.59% to $151.4 million in 2025, then rose by 28.09% to $194.0 million in 2026.
  • The last three Receivables figures came in at $194.0 million (Q1 2026), $151.4 million (Q4 2025), and $125.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.41 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 950.30 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 336.42 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 277.70 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 237.93 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 193.96 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 402.83 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.99 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.17 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 11.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 193.96 Mn
Dec 31, 2025 151.42 Mn
Sep 30, 2025 125.17 Mn
Jun 30, 2025 105.02 Mn
Mar 31, 2025 78.61 Mn
Dec 31, 2024 82.93 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 118.76 Mn
Mar 31, 2023 95.85 Mn
Dec 31, 2022 65.30 Mn
Sep 30, 2022 83.21 Mn
Jun 30, 2022 72.90 Mn
Mar 31, 2022 73.04 Mn
Dec 31, 2021 40.20 Mn
Sep 30, 2021 55.14 Mn
Jun 30, 2021 49.98 Mn