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

Shoals Technologies (SHLS) reported Total Non-Current Liabilities of $428.8 million for Q1 2026, up 91.42% on a YoY basis from $224.0 million in Q1 2025, and up 41.2% quarter-over-quarter from $303.7 million in Q4 2025.

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

Shoals Technologies has reported Total Non-Current Liabilities for 7 years, with the latest figure at $428.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Non-Current Liabilities rose 91.42% year-over-year to $428.8 million; the trailing twelve-month figure through Mar 2026 stood at $428.8 million (up 91.42% YoY), and the FY2025 full-year result was $303.7 million, up 29.09% from the prior year.
  • Total Non-Current Liabilities for Q1 2026 stood at $428.8 million, up from $303.7 million in the prior quarter.
  • The five-year high for Total Non-Current Liabilities was $507.2 million in Q3 2022, with the low at $214.9 million in Q2 2025.
  • Historically, Total Non-Current Liabilities has averaged $310.6 million across 5 years, with a median of $276.1 million in 2023.
  • Annual changes were most pronounced in 2023 — Total Non-Current Liabilities tumbled 45.56% — and 2026, when it surged 91.42%.
  • Shoals Technologies' Total Non-Current Liabilities stood at $293.9 million in 2022, then declined by 6.37% to $275.2 million in 2023, then declined by 14.5% to $235.3 million in 2024, then increased by 29.09% to $303.7 million in 2025, then soared by 41.2% to $428.8 million in 2026.
  • The last three Total Non-Current Liabilities figures came in at $428.8 million (Q1 2026), $303.7 million (Q4 2025), and $259.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 3.17 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 1.64 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 1.45 Bn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 952.52 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 17.66 Bn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 428.85 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.17 Bn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 5.44 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 33.78 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 1.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 428.85 Mn
Dec 31, 2025 303.73 Mn
Sep 30, 2025 259.11 Mn
Jun 30, 2025 214.87 Mn
Mar 31, 2025 224.04 Mn
Dec 31, 2024 235.29 Mn
Sep 30, 2024 236.11 Mn
Jun 30, 2024 227.67 Mn
Mar 31, 2024 251.24 Mn
Dec 31, 2023 275.18 Mn
Sep 30, 2023 276.15 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 483.38 Mn
Mar 31, 2022 470.85 Mn
Dec 31, 2021 433.91 Mn
Dec 31, 2020 379.43 Mn