Shoals Technologies Group, Inc. SHLS Wire Harness — Warranty liability
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Where this comes from
Reported directly by Shoals Technologies Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrual.
The source filing: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 7:48 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001831651-26-000083
As of March 31, 2026, the estimate of potential losses remains unchanged from the estimate provided as of December 31, 2025. In accordance with ASC 450, Contingencies, the Company believes the total estimated loss for this matter is $73.0 million, which represents the best estimate of the potential loss as of March 31, 2026, of which $71.8 million has been incurred to date. As of March 31, 2026, our recorded remaining warranty liability related to this matter was $1.2 million. It is possible that our liability could exceed the amount recorded, including due to additional reports of wire insulation shrinkback at previously affected and reported solar projects or at projects not previously reported or otherwise identified. Any excess amounts remain uncertain.
Item 1. Financial Statements (Unaudited).
FAQ
- What is Shoals Technologies Group, Inc.'s wire harness — warranty liability?
- Shoals Technologies Group, Inc. (SHLS) reported wire harness — warranty liability of $1.2M in Q1 2026.
- How has Shoals Technologies Group, Inc.'s wire harness — warranty liability changed year-over-year?
- Shoals Technologies Group, Inc.'s wire harness — warranty liability decreased by 96.1% year-over-year, from $30.4M to $1.2M.
- What does wire harness — warranty liability mean?
- The total balance sheet liability representing the estimated cost to fulfill warranty obligations for wire harness products currently under coverage. It reflects the cumulative obligation to customers for product performance and reliability.
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