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

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

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

Shoals Technologies' Total Non-Current Liabilities history runs 7 years deep, the most recent figure standing at $428.8 million for 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 was $428.8 million for Q1 2026 at Shoals Technologies, up from $303.7 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.
  • 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 slumped 45.56% — and 2026, when it surged 91.42%.
  • Shoals Technologies' Total Non-Current Liabilities stood at $293.9 million in 2022, then retreated by 6.37% to $275.2 million in 2023, then retreated by 14.5% to $235.3 million in 2024, then gained by 29.09% to $303.7 million in 2025, then surged by 41.2% to $428.8 million in 2026.
  • Business Quant data shows SHLS's Total Non-Current Liabilities at $428.8 million in Q1 2026, $303.7 million in Q4 2025, and $259.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 3.17 Bn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 1.64 Bn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 1.56 Bn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 5.44 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 952.52 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 17.66 Bn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 428.85 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 10.90 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 1.20 Bn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 33.76 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