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

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

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

Shoals Technologies has reported Total Liabilities for 7 years, with the latest figure 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.
  • The five-year high for Total Liabilities was $507.2 million in Q3 2022, with the low at $219.6 million in Q2 2025.
  • Historically, Total Liabilities has averaged $319.0 million across 5 years, with a median of $293.9 million in 2022.
  • Annual changes were most pronounced in 2023 — Total Liabilities slumped 40.72% — and 2026, when it surged 87.04%.
  • Shoals Technologies' Total Liabilities stood at $293.9 million in 2022, then rose by 1.73% to $299.0 million in 2023, then slipped by 20.98% to $236.3 million in 2024, then increased by 28.72% to $304.1 million in 2025, then jumped 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 28.68 Bn 26.25 Bn 486.13 Mn 3.47 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 1.74 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 1.62 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 1.85 Bn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 17.81 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 429.25 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.21 Bn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 13.82 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 34.01 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 23.02 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