Shoals Technologies (SHLS) Total Liabilities (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Total Liabilities came in at $399.7 million in Q2 2026, up 82.04% on a YoY basis from $219.6 million in Q2 2025, and down 6.89% quarter-over-quarter from $429.2 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Total Liabilities (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Total Liabilities for 7 consecutive years, with $399.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Liabilities rose 82.04% year-over-year to $399.7 million; the trailing twelve-month figure through Jun 2026 stood at $399.7 million (up 82.04% YoY), and the FY2025 full-year result was $304.1 million, up 28.72% from the prior year.
- Total Liabilities slipped to $399.7 million in Q2 2026 per SHLS's latest filing, from $429.2 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.
- Historically, Total Liabilities has averaged $323.5 million across 5 years, with a median of $296.5 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Total Liabilities tumbled 40.72% in 2023, then soared 87.04% in 2026.
- Over 5 years, 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 jumped by 31.42% to $399.7 million in 2026.
- According to Business Quant data, Total Liabilities over the past three periods registered $399.7 million, $429.2 million, and $304.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn | 3.07 Bn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn | 1.71 Bn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn | 1.74 Bn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn | 1.89 Bn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn | 1.37 Bn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 399.68 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn | 11.86 Bn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn | 1.24 Bn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn | 13.22 Bn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn | 327.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 399.68 Mn |
| 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 |