SHLS - Company ID 0001831651
The table below shows Shoals Technologies Group, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
| Line item | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue | $140.56M | $135.80M | $110.84M | $80.36M | $102.17M | $99.25M |
| Cost of revenue | $99.55M | $85.55M | $69.64M | $52.22M | $76.79M | $59.25M |
| Gross profit | $41.01M | $50.25M | $41.20M | $28.14M | $25.38M | $40.00M |
| 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 |
| $31.01M |
| $29.42M |
| $23.06M |
| $21.69M |
| $18.74M |
| $19.22M |
| Operating income | $7.72M | $18.67M | $16.00M | $4.31M | $4.52M | $18.58M |
| Income tax | -$89.00K | $3.99M | $3.12M | $2.30M | $1.70M | $3.72M |
| Net income | -$297.00K | $11.88M | $13.86M | -$282.00K | -$267.00K | $11.80M |
| EPS (diluted) | $0.00 | $0.07 | $0.08 | $0.00 | $0.00 | $0.07 |