Shoals Technologies (SHLS) Total Non-Current Liabilities (2020 - 2026)
Shoals Technologies' Total Non-Current Liabilities was $398.69 million in Q2 2026, up 85.5% from $214.87 million a year earlier but down 6.9% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Total Non-Current Liabilities (2020 - 2026) Analysis & Trends
At the end of FY2025, Total Non-Current Liabilities at Shoals Technologies came in at $303.14 million, up 34.8% from FY2024.
- Total Non-Current Liabilities shows a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- In earlier years, Total Non-Current Liabilities was $224.89 million in FY2024 (-18.3%), $275.18 million in FY2023 (-6.4%), $293.91 million in FY2022 (-32.3%) and $433.91 million in FY2021 (+14.4%).
- Quarterly Total Non-Current Liabilities has moved between $214.87 million (Q2 2025) and $507.22 million (Q3 2022) over five years.
- Compared with a year earlier, Total Non-Current Liabilities has increased for four straight quarters, with growth averaging 21.5% over the last eight quarters.
- The best year-over-year quarter for Total Non-Current Liabilities over five years was Q1 2026 (growth of 91.2%); the worst was Q3 2023 (a decline of 45.6%).
- Per Business Quant data, SHLS's Total Non-Current Liabilities in the three quarters before Q2 2026 was $428.26 million (Q1 2026), $303.14 million (Q4 2025) and $259.11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 62.75 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 3.98 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 2.78 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 2.98 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | - |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 1.61 Bn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 1.79 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.56 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.57 Bn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 398.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 398.69 Mn |
| Mar 31, 2026 | 428.26 Mn |
| Dec 31, 2025 | 303.14 Mn |
| Sep 30, 2025 | 259.11 Mn |
| Jun 30, 2025 | 214.87 Mn |
| Mar 31, 2025 | 224.04 Mn |
| Dec 31, 2024 | 224.89 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 | 334.59 Mn |
| Mar 31, 2022 | 323.61 Mn |
| Dec 31, 2021 | 433.91 Mn |
| Sep 30, 2021 | 286.05 Mn |
API Access
Shoals Technologies Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();