Growth Metrics

Shoals Technologies (SHLS) Receivables - Net (2020 - 2026)

Shoals Technologies posted quarterly Receivables - Net of $129.2 million for Q1 2026, up 90.84% year-on-year from $67.7 million in Q1 2025, and little changed on a QoQ basis from $128.8 million in Q4 2025.

Shoals Technologies (SHLS) has 7 years of Receivables - Net data on file, last reported at $129.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables - Net rose 90.84% year-over-year to $129.2 million; the trailing twelve-month figure through Mar 2026 stood at $129.2 million (up 90.84% YoY), and the FY2025 full-year result was $128.8 million, up 64.74% from the prior year.
  • Receivables - Net for Q1 2026 stood at $129.2 million, roughly flat from $128.8 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $129.2 million in Q1 2026 and bottomed at $48.6 million in Q4 2022.
  • The 5-year median for Receivables - Net is $95.3 million (2024), against an average of $90.7 million.
  • The widest annual swing landed in 2023, when Receivables - Net soared 120.37%; it then slumped 34.52% in 2025.
  • A 5-year view of Receivables - Net shows it stood at $48.6 million in 2022, then jumped by 120.37% to $107.1 million in 2023, then decreased by 27.0% to $78.2 million in 2024, then jumped by 64.74% to $128.8 million in 2025, then grew by 0.32% to $129.2 million in 2026.
  • The last three Receivables - Net figures came in at $129.2 million (Q1 2026), $128.8 million (Q4 2025), and $117.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 129.21 Mn
Mar 31, 2026 129.21 Mn
Dec 31, 2025 128.79 Mn
Dec 31, 2025 128.79 Mn
Sep 30, 2025 117.46 Mn
Sep 30, 2025 117.46 Mn
Jun 30, 2025 103.93 Mn
Jun 30, 2025 103.93 Mn
Mar 31, 2025 67.70 Mn
Mar 31, 2025 67.70 Mn
Dec 31, 2024 78.18 Mn
Dec 31, 2024 78.18 Mn
Sep 30, 2024 95.30 Mn
Sep 30, 2024 95.30 Mn
Jun 30, 2024 93.02 Mn
Jun 30, 2024 93.02 Mn
Mar 31, 2024 103.40 Mn
Mar 31, 2024 103.40 Mn
Dec 31, 2023 107.10 Mn
Dec 31, 2023 107.10 Mn
Sep 30, 2023 108.89 Mn
Sep 30, 2023 108.89 Mn
Jun 30, 2023 97.86 Mn
Jun 30, 2023 97.86 Mn
Mar 31, 2023 75.42 Mn
Mar 31, 2023 75.42 Mn
Dec 31, 2022 48.60 Mn
Dec 31, 2022 48.60 Mn
Sep 30, 2022 71.65 Mn
Sep 30, 2022 71.65 Mn
Jun 30, 2022 57.83 Mn
Jun 30, 2022 57.83 Mn
Mar 31, 2022 56.89 Mn
Mar 31, 2022 56.89 Mn
Dec 31, 2021 26.70 Mn
Dec 31, 2021 26.70 Mn
Sep 30, 2021 44.59 Mn
Sep 30, 2021 44.59 Mn
Jun 30, 2021 42.98 Mn
Jun 30, 2021 42.98 Mn
Mar 31, 2021 28.14 Mn
Mar 31, 2021 28.14 Mn
Dec 31, 2020 24.20 Mn
Dec 31, 2020 24.20 Mn