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| Date | Value |
|---|---|
| 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 |