Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.86%)
As of: Aug 21, 2026 · 3:59 PM EDT

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

Shoals Technologies' (SHLS) quarterly Total Non-Current Liabilities came in at $428.8 million in Q1 2026, up 91.42% YoY from $224.0 million in Q1 2025, and up 41.2% on a QoQ basis from $303.7 million in Q4 2025.

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

Shoals Technologies (SHLS) has 7 years of Total Non-Current Liabilities data on file, last reported at $428.8 million in Q1 2026.

  • Quarterly Total Non-Current Liabilities rose 91.42% year-over-year to $428.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $428.8 million (up 91.42% YoY) and the FY2025 annual result came in at $303.7 million, up 29.09% from the prior year.
  • Total Non-Current Liabilities advanced to $428.8 million in Q1 2026, from $303.7 million in the prior quarter.
  • In the past five years, Total Non-Current Liabilities ranged from a high of $507.2 million in Q3 2022 to a low of $214.9 million in Q2 2025.
  • A 5-year average of $310.6 million and a median of $276.1 million in 2023 frame the typical range for Total Non-Current Liabilities.
  • Annual changes were most pronounced in 2023 — Total Non-Current Liabilities tumbled 45.56% — and 2026, when it surged 91.42%.
  • Tracing SHLS's Total Non-Current Liabilities over 5 years: 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 23.03 Bn 21.30 Bn 605.00 Mn 2.78 Bn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 1.61 Bn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 1.56 Bn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 17.96 Bn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 971.12 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 398.69 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 10.32 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 5.44 Bn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 1.22 Bn
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 33.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 398.69 Mn
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