Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
12.45
+0.25 (2.05%)
May 29, 2026, 4:00 PM EDT - Market closed
Shoals Technologies Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 535.53 | 475.33 | 399.21 | 488.94 | 326.94 | 213.21 | |
Revenue Growth (YoY) | 37.75% | 19.07% | -18.35% | 49.55% | 53.34% | 21.48% |
Cost of Revenue | 356.15 | 308.82 | 257.19 | 320.64 | 195.63 | 130.57 |
Gross Profit | 179.38 | 166.51 | 142.02 | 168.3 | 131.31 | 82.65 |
Selling, General & Admin | 110.85 | 101.52 | 82.25 | 80.72 | 55.91 | 37.89 |
Depreciation & Amortization Expenses | 8.74 | 8.6 | 8.59 | 8.55 | 9.07 | 8.52 |
Other Operating Expenses | -5.25 | - | - | - | - | - |
Total Operating Expenses | 114.34 | 110.12 | 90.85 | 89.27 | 64.98 | 46.41 |
Operating Income | 59.79 | 56.39 | 51.17 | 79.04 | 66.33 | 36.23 |
Interest Income | 0.25 | 0.31 | 0.52 | - | - | - |
Interest Expense | -10.48 | -9.99 | -13.83 | -24.1 | -18.54 | - |
Other Non-Operating Income (Expense) | 1.85 | 1.85 | - | - | 104.21 | -32.2 |
Total Non-Operating Income (Expense) | -8.38 | -7.84 | -13.31 | -24.1 | 85.67 | -32.2 |
Pretax Income | 46.12 | 48.52 | 37.86 | 54.94 | 152 | 4.03 |
Provision for Income Taxes | 12.56 | 14.94 | 13.74 | 12.27 | 8.99 | 0.09 |
Net Income | 33.56 | 33.57 | 24.13 | 39.97 | 127.61 | 2.35 |
Minority Interest in Earnings | - | - | - | 2.69 | 15.4 | 1.6 |
Net Income to Common | 33.56 | 33.57 | 24.13 | 39.97 | 127.61 | 2.35 |
Net Income Growth | 75.97% | 39.16% | -39.64% | -68.67% | 5334.88% | -93.05% |
Shares Outstanding (Basic) | 168 | 167 | 169 | 164 | 168 | 112 |
Shares Outstanding (Diluted) | 168 | 168 | 169 | 165 | 168 | 112 |
Shares Change (YoY) | 5.58% | -0.21% | 2.57% | -1.86% | 49.60% | -30.09% |
EPS (Basic) | 0.20 | 0.20 | 0.14 | 0.24 | 1.11 | - |
EPS (Diluted) | 0.20 | 0.20 | 0.14 | 0.24 | 0.85 | - |
EPS Growth | 66.67% | 42.86% | -41.67% | -71.77% | - | - |
Shares Outstanding | 167.77 | 167.45 | 166.76 | 170.12 | 137.91 | 112.05 |
Free Cash Flow | -77.42 | -15.98 | 72 | 81.38 | 36.3 | -8.21 |
Free Cash Flow Growth | - | - | -11.53% | 124.17% | - | - |
Free Cash Flow Per Share | -0.46 | -0.09 | 0.43 | 0.49 | 0.22 | -0.07 |
Gross Margin | 33.50% | 35.03% | 35.57% | 34.42% | 40.16% | 38.76% |
Operating Margin | 11.16% | 11.86% | 12.82% | 16.16% | 20.29% | 16.99% |
Profit Margin | 6.27% | 7.06% | 6.04% | 8.73% | 43.74% | 1.85% |
FCF Margin | -14.46% | -3.36% | 18.03% | 16.64% | 11.10% | -3.85% |
EBITDA | 74.42 | 70.2 | 63.8 | 89.56 | 76.84 | 46.29 |
EBITDA Margin | 13.90% | 14.77% | 15.98% | 18.32% | 23.50% | 21.71% |
EBIT | 59.79 | 56.39 | 51.17 | 79.04 | 66.33 | 36.23 |
EBIT Margin | 11.16% | 11.86% | 12.82% | 16.16% | 20.29% | 16.99% |
Effective Tax Rate | 27.23% | 30.80% | 36.28% | 22.34% | 5.91% | 2.13% |