Growth Metrics

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

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

Shoals Technologies (SHLS) has 7 years of Total Liabilities data on file, last reported at $429.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Liabilities rose 87.04% year-over-year to $429.2 million; the trailing twelve-month figure through Mar 2026 stood at $429.2 million (up 87.04% YoY), and the FY2025 full-year result was $304.1 million, up 28.72% from the prior year.
  • Total Liabilities for Q1 2026 stood at $429.2 million, 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.
  • The 5-year median for Total Liabilities is $293.9 million (2022), against an average of $319.0 million.
  • The widest annual swing landed in 2023, when Total Liabilities plunged 40.72%; it then surged 87.04% in 2026.
  • A 5-year view of Total Liabilities shows it stood at $293.9 million in 2022, then gained by 1.73% to $299.0 million in 2023, then dropped by 20.98% to $236.3 million in 2024, then rose by 28.72% to $304.1 million in 2025, then surged by 41.14% to $429.2 million in 2026.
  • The last three Total Liabilities figures came in at $429.2 million (Q1 2026), $304.1 million (Q4 2025), and $262.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 3.47 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 1.74 Bn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 10.90 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 1.62 Bn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 1.85 Bn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 17.81 Bn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 429.25 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 1.21 Bn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 13.82 Bn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 34.01 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
Mar 31, 2021 295.12 Mn
Dec 31, 2020 379.43 Mn
Sep 30, 2020 -175.29 Mn
Jun 30, 2020 -170.91 Mn
Mar 31, 2020 -158.99 Mn