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Shoals Technologies Group, Inc. SHLS Standard Product Warranty Accrual
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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
| Line item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Warranty liability, beginning of period | $3,605 | $40,994 |
| Warranty expense | 527 | 256 |
| Payments | (2,497) | (9,837) |
| Warranty liability, end of period | 1,635 | 31,413 |
| Less: current portion | 1,232 | 25,956 |
| Warranty liability, net of current portion | $403 | $5,457 |
Item 1. Financial Statements (Unaudited).
FAQ
- What is Shoals Technologies Group, Inc.'s standard product warranty accrual?
- Shoals Technologies Group, Inc. (SHLS) reported standard product warranty accrual of $1.64M in Q1 2026.
- How has Shoals Technologies Group, Inc.'s standard product warranty accrual changed year-over-year?
- Shoals Technologies Group, Inc.'s standard product warranty accrual decreased by 94.8% year-over-year, from $31.41M to $1.64M.
- What is the long-term trend for Shoals Technologies Group, Inc.'s standard product warranty accrual?
- Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s standard product warranty accrual has grown at a 178.4% compound annual growth rate (CAGR), from $60K to $3.61M.
- What does standard product warranty accrual mean?
- This represents the estimated liability for future costs associated with repairing or replacing products under standard warranty terms. It reflects the company's historical experience with product reliability and the anticipated financial obligation to fulfill service commitments to customers. Monitoring this balance helps investors assess potential quality control issues and the long-term cost of product support.
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