Shoals Technologies (SHLS) Receivables - Net (2020 - 2026)
Shoals Technologies (SHLS) reported Receivables - Net of $129.2 million for Q1 2026, up 89.45% on a YoY basis from $68.2 million in Q1 2025, and little changed quarter-over-quarter from $129.3 million in Q4 2025.
Shoals Technologies (SHLS) Receivables - Net (2020 - 2026) Analysis & Trends
Shoals Technologies has reported Receivables - Net for 7 years, with the latest figure at $129.2 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables - Net rose 89.45% year-over-year to $129.2 million; the trailing twelve-month figure through Mar 2026 stood at $129.2 million (up 89.45% YoY), and the FY2025 full-year result was $129.3 million, up 64.33% from the prior year.
- Receivables - Net for Q1 2026 stood at $129.2 million, roughly flat from $129.3 million in the prior quarter.
- The five-year high for Receivables - Net was $129.3 million in Q4 2025, with the low at $48.6 million in Q4 2022.
- Historically, Receivables - Net has averaged $90.7 million across 5 years, with a median of $95.3 million in 2024.
- Annual changes were most pronounced in 2023 — Receivables - Net soared 120.37% — and 2025, when it tumbled 34.04%.
- Shoals Technologies' Receivables - Net stood at $48.6 million in 2022, then soared by 120.37% to $107.1 million in 2023, then retreated by 26.54% to $78.7 million in 2024, then jumped by 64.33% to $129.3 million in 2025, then declined by 0.06% to $129.2 million in 2026.
- The last three Receivables - Net figures came in at $129.2 million (Q1 2026), $129.3 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 129.21 Mn |
| Mar 31, 2026 | 129.21 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 | 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 |