Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · Real-Time Price · USD

9.66

-0.67 (-6.49%)

At close: May 18, 2026, 4:00 PM EDT

9.77

+0.11 (1.14%)

After-hours: May 18, 2026, 7:46 PM EDT

Shoals Technologies Group Balance Sheet

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
Cash & Equivalents	1.88	7.32	23.51	22.71	8.77	5.01
Cash & Short-Term Investments	1.88	7.32	23.51	22.71	8.77	5.01
Cash Growth	-94.73%	-68.87%	3.54%	159.03%	75.11%	-50.30%
Accounts Receivable	129.21	128.79	78.18	107.12	50.58	31.5
Other Receivables	79.89	22.13	20.83	40.14	16.71	13.53
Total Trade Receivables	209.1	150.93	99.02	147.25	67.29	45.03
Inventory	158.99	89.88	55.98	52.8	72.85	38.37
Other Current Assets	12.57	9.76	9.85	4.42	4.63	5.04
Total Current Assets	382.54	257.89	188.35	227.19	153.54	93.45
Net Property, Plant & Equipment	104.07	99.35	30.01	24.84	16.87	15.57
Other Intangible Assets	31.6	33.5	41.08	48.67	56.59	65.24
Goodwill	69.94	69.94	69.94	69.94	69.94	69.44
Other Long-Term Assets	442.74	443.43	463.7	473.36	297.96	182.72
Total Assets	1,031	904.1	793.08	843.99	594.9	426.41
Accounts Payable	80.43	64.88	20.03	14.4	9.48	19.99
Accrued Expenses	26.31	22.22	12.54	22.91	17.32	7.73
Current Portion of Long-Term Debt	-	-	-	2	2	2
Unearned Revenue	30.34	37.03	18.74	22.23	23.26	1.84
Other Current Liabilities	71.23	3.2	29.6	31.1	0.56	-
Total Current Liabilities	208.31	127.32	80.91	92.63	52.62	31.55
Long-Term Debt	181.75	136.75	141.75	179.45	237.06	245.05
Long-Term Leases	37.8	38.66	1.24	-	-	-
Other Long-Term Liabilities	1.39	1.39	12.38	26.92	4.22	157.31
Total Long-Term Liabilities	220.94	176.81	155.37	206.37	241.28	402.36
Total Liabilities	429.25	304.13	236.28	299	293.91	433.91
Common Stock	0	0	0	0	0	0
Treasury Stock	-25.27	-25.27	-25.33	-	-	-
Additional Paid-in Capital	495.06	493.09	483.55	470.54	256.89	95.68
Retained Earnings	131.86	132.15	98.58	74.45	34.48	-93.13
Total Common Shareholders' Equity	601.65	599.97	556.8	545	291.37	2.55
Minority Interest	-	-	-	-	9.62	-10.05
Shareholders' Equity	601.65	599.97	556.8	545	300.99	-7.5
Total Liabilities & Equity	1,031	904.1	793.08	843.99	594.9	426.41
Total Debt	219.55	175.41	142.99	181.45	239.06	247.05
Net Cash (Debt)	-217.67	-168.09	-119.47	-158.74	-230.3	-242.05
Net Cash Per Share	-1.28	-1.00	-0.71	-0.96	-1.37	-2.16
Book Value	601.65	599.97	556.8	545	291.37	2.55
Book Value Per Share	3.54	3.56	3.30	3.31	1.74	0.02
Tangible Book Value	500.1	496.53	445.78	426.39	164.85	-132.12
Tangible Book Value Per Share	2.94	2.95	2.64	2.59	0.98	-1.18

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q