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