Shoals Technologies (SHLS) Receivables (2019 - 2026)
Shoals Technologies' Receivables came in at $172.44 million for Q3 2026, up 37.8% from $125.17 million a year earlier and up 9.6% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Receivables (2019 - 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 six consecutive quarters, with growth averaging 28.1% 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 $157.35 million (Q2 2026), $193.96 million (Q1 2026) and $150.93 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 20.91 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 1.43 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.88 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.20 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 883.07 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 846.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 335.20 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | - |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 279.30 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 172.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 172.44 Mn |
| 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 |
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();