Shoals Technologies (SHLS) Receivables (2020 - 2026)
Shoals Technologies' Receivables came in at $157.35 million for Q2 2026, up 38.9% from $113.29 million a year earlier but down 18.9% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Receivables (2020 - 2026) Analysis & Trends
At the end of FY2025, Shoals Technologies' Receivables was $150.93 million, up 52.4% from FY2024.
- Receivables carries a five-year compound annual growth rate of 37.4% (FY2020 to FY2025).
- Going back by year, Receivables was $99.02 million in FY2024 (-32.8%), $147.25 million in FY2023 (+118.8%), $67.29 million in FY2022 (+49.4%) and $45.03 million in FY2021 (+46.2%).
- The five-year range for quarterly Receivables is $45 million (Q4 2021) to $193.96 million (Q1 2026).
- Year-over-year, Receivables has increased for five consecutive quarters, with growth averaging 20.8% over the last eight quarters.
- The fastest year-over-year change in Receivables over five years came in Q1 2026 (growth of 148.3%), and the weakest in Q1 2025 (a decline of 38.4%).
- Business Quant data shows SHLS's Receivables at $193.96 million (Q1 2026), $150.93 million (Q4 2025) and $125.17 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 20.62 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 823.59 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 1.76 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 820.54 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 669.20 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.05 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 543.79 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 308.42 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 267.40 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 157.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 157.35 Mn |
| Mar 31, 2026 | 193.96 Mn |
| Dec 31, 2025 | 150.93 Mn |
| Sep 30, 2025 | 125.17 Mn |
| Jun 30, 2025 | 113.29 Mn |
| Mar 31, 2025 | 78.11 Mn |
| Dec 31, 2024 | 99.02 Mn |
| Sep 30, 2024 | 109.09 Mn |
| Jun 30, 2024 | 109.28 Mn |
| Mar 31, 2024 | 126.81 Mn |
| Dec 31, 2023 | 147.22 Mn |
| Sep 30, 2023 | 137.39 Mn |
| Jun 30, 2023 | 118.76 Mn |
| Mar 31, 2023 | 95.08 Mn |
| Dec 31, 2022 | 67.28 Mn |
| Sep 30, 2022 | 83.21 Mn |
| Jun 30, 2022 | 72.41 Mn |
| Mar 31, 2022 | 73.04 Mn |
| Dec 31, 2021 | 45.00 Mn |
| Sep 30, 2021 | 55.14 Mn |
API Access
Shoals Technologies Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=receivables&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();