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