Shoals Technologies (SHLS) Receivables - Net (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Receivables - Net came in at $129.7 million in Q1 2026, up 90.18% YoY from $68.2 million in Q1 2025, and little changed on a QoQ basis from $129.3 million in Q4 2025.
Shoals Technologies (SHLS) Receivables - Net (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of Receivables - Net data on file, last reported at $129.7 million in 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 little changed at $129.7 million in Q1 2026, from $129.3 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $129.7 million in Q1 2026 to a low of $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 sank 34.53%.
- Tracing SHLS's Receivables - Net over 5 years: stood at $48.6 million in 2022, then soared by 120.37% to $107.1 million in 2023, then retreated by 27.0% to $78.2 million in 2024, then jumped by 65.37% to $129.3 million in 2025, then gained by 0.32% to $129.7 million in 2026.
- The last three Receivables - Net figures came in at $129.7 million (Q1 2026), $129.3 million (Q4 2025), and $117.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 135.16 Mn |
| Jun 30, 2026 | 135.16 Mn |
| 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 | 78.18 Mn |
| Dec 31, 2024 | 78.18 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 |