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

Shoals Technologies (SHLS) posted Receivables - Net of $129.7 million for Q1 2026, little changed on a QoQ basis from $129.3 million in Q4 2025, and up 90.18% year-over-year from $68.2 million in Q1 2025.

Shoals Technologies (SHLS) Receivables - Net (2020 - 2026) Analysis & Trends

Shoals Technologies' Receivables - Net history runs 7 years deep, the most recent figure standing at $129.7 million for Q1 2026.

  • Quarterly Receivables - Net rose 90.18% year-over-year to $129.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $129.7 million (up 90.18% YoY) and the FY2025 annual result came in at $129.3 million, up 64.33% from the prior year.
  • Receivables - Net was $129.7 million for Q1 2026 at Shoals Technologies, roughly flat from $129.3 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $129.7 million in Q1 2026 and bottomed at $48.6 million in Q4 2022.
  • A 5-year average of $90.8 million and a median of $95.3 million in 2024 frame the typical range for Receivables - Net.
  • Annual changes were most pronounced in 2023 — Receivables - Net soared 120.37% — and 2025, when it plunged 34.53%.
  • Shoals Technologies' Receivables - Net stood at $48.6 million in 2022, then surged by 120.37% to $107.1 million in 2023, then slipped by 26.54% to $78.7 million in 2024, then soared by 64.33% to $129.3 million in 2025, then climbed by 0.32% to $129.7 million in 2026.
  • Business Quant data shows SHLS's Receivables - Net at $129.7 million in Q1 2026, $129.3 million in Q4 2025, and $117.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 129.70 Mn
Mar 31, 2026 129.70 Mn
Dec 31, 2025 129.29 Mn
Dec 31, 2025 129.29 Mn
Sep 30, 2025 117.46 Mn
Sep 30, 2025 117.46 Mn
Jun 30, 2025 103.43 Mn
Jun 30, 2025 103.43 Mn
Mar 31, 2025 68.20 Mn
Mar 31, 2025 68.20 Mn
Dec 31, 2024 78.68 Mn
Dec 31, 2024 78.68 Mn
Sep 30, 2024 95.30 Mn
Sep 30, 2024 95.30 Mn
Jun 30, 2024 92.26 Mn
Jun 30, 2024 92.26 Mn
Mar 31, 2024 104.16 Mn
Mar 31, 2024 104.16 Mn
Dec 31, 2023 107.10 Mn
Dec 31, 2023 107.10 Mn