Shoals Technologies (SHLS) Total Liabilities (2020 - 2026)

Shoals Technologies (SHLS) posted Total Liabilities of $429.2 million for Q1 2026, up 41.14% on a QoQ basis from $304.1 million in Q4 2025, and up 87.04% year-over-year from $229.5 million in Q1 2025.

Shoals Technologies (SHLS) Total Liabilities (2020 - 2026) Analysis & Trends

Shoals Technologies' Total Liabilities history runs 7 years deep, the most recent figure standing at $429.2 million for Q1 2026.

  • Quarterly Total Liabilities rose 87.04% year-over-year to $429.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $429.2 million (up 87.04% YoY) and the FY2025 annual result came in at $304.1 million, up 28.72% from the prior year.
  • Total Liabilities was $429.2 million for Q1 2026 at Shoals Technologies, up from $304.1 million in the prior quarter.
  • Across five years, Total Liabilities topped out at $507.2 million in Q3 2022 and bottomed at $219.6 million in Q2 2025.
  • A 5-year average of $319.0 million and a median of $293.9 million in 2022 frame the typical range for Total Liabilities.
  • Annual changes were most pronounced in 2023 — Total Liabilities sank 40.72% — and 2026, when it surged 87.04%.
  • Shoals Technologies' Total Liabilities stood at $293.9 million in 2022, then advanced by 1.73% to $299.0 million in 2023, then declined by 20.98% to $236.3 million in 2024, then gained by 28.72% to $304.1 million in 2025, then soared by 41.14% to $429.2 million in 2026.
  • Business Quant data shows SHLS's Total Liabilities at $429.2 million in Q1 2026, $304.1 million in Q4 2025, and $262.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 3.47 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 1.74 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 1.62 Bn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 13.82 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 2.26 Bn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 17.81 Bn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 429.25 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 10.90 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 1.21 Bn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 338.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 429.25 Mn
Dec 31, 2025 304.13 Mn
Sep 30, 2025 262.15 Mn
Jun 30, 2025 219.56 Mn
Mar 31, 2025 229.49 Mn
Dec 31, 2024 236.28 Mn
Sep 30, 2024 256.11 Mn
Jun 30, 2024 243.85 Mn
Mar 31, 2024 271.33 Mn
Dec 31, 2023 299.00 Mn
Sep 30, 2023 315.51 Mn
Jun 30, 2023 289.42 Mn
Mar 31, 2023 302.52 Mn
Dec 31, 2022 293.91 Mn
Sep 30, 2022 507.22 Mn
Jun 30, 2022 488.18 Mn
Mar 31, 2022 475.92 Mn
Dec 31, 2021 433.91 Mn
Sep 30, 2021 393.93 Mn
Jun 30, 2021 308.44 Mn