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