Shoals Technologies (SHLS) Receivables - Net (2020 - 2026)
Shoals Technologies' Receivables - Net was $134.82 million in Q2 2026, up 30.3% from $103.43 million a year earlier and up 4.3% from the prior quarter.
Shoals Technologies (SHLS) Receivables - Net (2020 - 2026) Analysis & Trends
At the end of FY2025, Receivables - Net at Shoals Technologies came in at $128.79 million, up 64.7% from FY2024.
- Receivables - Net shows a five-year compound annual growth rate of 36.7% (FY2020 to FY2025).
- In earlier years, Receivables - Net was $78.18 million in FY2024 (-27.0%), $107.12 million in FY2023 (+111.8%), $50.58 million in FY2022 (+60.6%) and $31.5 million in FY2021 (+16.6%).
- The Q2 2026 figure marks the highest quarterly Receivables - Net in data going back to Q4 2020.
- Compared with a year earlier, Receivables - Net has increased for five straight quarters, with growth averaging 18.4% over the last eight quarters.
- The best year-over-year quarter for Receivables - Net over five years was Q4 2023 (growth of 111.8%); the worst was Q1 2025 (a decline of 34.5%).
- Per Business Quant data, SHLS's Receivables - Net in the three quarters before Q2 2026 was $129.21 million (Q1 2026), $128.79 million (Q4 2025) and $117.46 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.82 Mn |
| Mar 31, 2026 | 129.21 Mn |
| Dec 31, 2025 | 128.79 Mn |
| Sep 30, 2025 | 117.46 Mn |
| Jun 30, 2025 | 103.43 Mn |
| Mar 31, 2025 | 67.70 Mn |
| Dec 31, 2024 | 78.18 Mn |
| Sep 30, 2024 | 95.30 Mn |
| Jun 30, 2024 | 92.26 Mn |
| Mar 31, 2024 | 103.40 Mn |
| Dec 31, 2023 | 107.12 Mn |
| Sep 30, 2023 | 108.89 Mn |
| Jun 30, 2023 | 97.10 Mn |
| Mar 31, 2023 | 75.42 Mn |
| Dec 31, 2022 | 50.58 Mn |
| Sep 30, 2022 | 71.65 Mn |
| Jun 30, 2022 | 57.83 Mn |
| Mar 31, 2022 | 56.89 Mn |
| Dec 31, 2021 | 31.50 Mn |
| Sep 30, 2021 | 44.59 Mn |
Shoals Technologies Receivables - Net 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-net&ticker=SHLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();