Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 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 $398.7 million in Q2 2026, up 85.55% on a YoY basis from $214.9 million in Q2 2025, and down 6.9% quarter-over-quarter from $428.3 million in Q1 2026.

Analysis

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

Shoals Technologies (SHLS) has reported Total Non-Current Liabilities for 7 consecutive years, with $398.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Total Non-Current Liabilities rose 85.55% year-over-year to $398.7 million; the trailing twelve-month figure through Jun 2026 stood at $398.7 million (up 85.55% YoY), and the FY2025 full-year result was $303.1 million, up 34.79% from the prior year.
  • Total Non-Current Liabilities slipped to $398.7 million in Q2 2026 per SHLS's latest filing, from $428.3 million in the prior quarter.
  • Across five years, Total Non-Current Liabilities topped out at $507.2 million in Q3 2022 and bottomed at $214.9 million in Q2 2025.
  • Historically, Total Non-Current Liabilities has averaged $314.8 million across 5 years, with a median of $282.8 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Total Non-Current Liabilities plunged 45.56% in 2023, then surged 91.16% in 2026.
  • Over 5 years, Total Non-Current Liabilities stood at $293.9 million in 2022, then retreated by 6.37% to $275.2 million in 2023, then fell by 18.28% to $224.9 million in 2024, then surged by 34.79% to $303.1 million in 2025, then surged by 31.52% to $398.7 million in 2026.
  • According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $398.7 million, $428.3 million, and $303.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 2.78 Bn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 1.61 Bn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 1.56 Bn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 971.12 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 1.34 Bn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 398.69 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 11.12 Bn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 1.22 Bn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 4.92 Bn
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn 85.39 Mn
Historic Data

Historic Data

Download Data
DateValue
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 483.38 Mn
Mar 31, 2022 470.85 Mn
Dec 31, 2021 433.91 Mn
Dec 31, 2020 379.43 Mn