SHLS - Company ID 0001831651
The table below shows Shoals Technologies Group, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $475.33M | $399.21M | $488.94M | $326.94M | $213.21M | $175.52M |
| Cost of revenue | $308.82M | $257.19M | $320.63M | $195.63M | $130.57M | $108.97M |
| Gross profit | $166.51M | $142.02M | $168.30M | $131.31M | $82.64M | $66.55M |
| R&D | - | - | - | - | - | - |
Shoals Technologies Group, Inc. reported annual revenue of $475.33M for fiscal year 2025. That is up 19.1% from $399.21M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $144.50M (FY 2019) to $475.33M. Figures come from the company's audited annual reports as filed with the SEC.
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
| SG&A |
| $101.52M |
| $82.25M |
| $80.72M |
| $55.91M |
| $37.89M |
| $21.01M |
| Operating income | $56.38M | $51.17M | $79.03M | $66.33M | $36.23M | $37.28M |
| Income tax | $14.94M | $13.74M | $12.27M | $8.99M | $86.00K | $0.00 |
| Net income | $33.57M | $24.13M | $39.97M | $127.61M | $2.35M | $33.77M |
| EPS (diluted) | $0.20 | $0.14 | $0.24 | $0.85 | $0.00 | - |