Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
8.56
-0.37 (-4.14%)
At close: Aug 10, 2026, 4:00 PM EDT
8.55
-0.01 (-0.12%)
After-hours: Aug 10, 2026, 7:54 PM EDT
Shoals Technologies Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 15.72 | 7.32 | 23.51 | 22.71 | 8.77 | 5.01 |
Cash & Short-Term Investments | 15.72 | 7.32 | 23.51 | 22.71 | 8.77 | 5.01 |
Cash Growth | 235.55% | -68.87% | 3.54% | 159.03% | 75.11% | -50.30% |
Accounts Receivable | 134.82 | 128.79 | 78.18 | 107.12 | 50.58 | 31.5 |
Other Receivables | 22.72 | 22.13 | 20.83 | 40.14 | 16.71 | 13.53 |
Total Trade Receivables | 157.54 | 150.93 | 99.02 | 147.25 | 67.29 | 45.03 |
Inventory | 184.72 | 89.88 | 55.98 | 52.8 | 72.85 | 38.37 |
Other Current Assets | 11.48 | 9.76 | 9.85 | 4.42 | 4.63 | 5.04 |
Total Current Assets | 369.46 | 257.89 | 188.35 | 227.19 | 153.54 | 93.45 |
Net Property, Plant & Equipment | 107.21 | 99.35 | 30.01 | 24.84 | 16.87 | 15.57 |
Other Intangible Assets | 29.71 | 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 | 440.58 | 443.43 | 463.7 | 473.36 | 297.96 | 182.72 |
Total Assets | 1,017 | 904.1 | 793.08 | 843.99 | 594.9 | 426.41 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 65.98 | 64.88 | 20.03 | 14.4 | 9.48 | 19.99 |
Accrued Expenses | 35.27 | 22.22 | 12.54 | 22.91 | 17.32 | 7.73 |
Current Portion of Long-Term Debt | - | - | - | 2 | 2 | 2 |
Unearned Revenue | 55.25 | 37.03 | 18.74 | 22.23 | 23.26 | 1.84 |
Other Current Liabilities | 7.98 | 3.2 | 29.6 | 31.1 | 0.56 | - |
Total Current Liabilities | 164.48 | 127.32 | 80.91 | 92.63 | 52.62 | 31.55 |
Long-Term Debt | 196.75 | 136.75 | 141.75 | 179.45 | 237.06 | 245.05 |
Long-Term Leases | 37.06 | 38.66 | 1.24 | - | - | - |
Other Long-Term Liabilities | 1.39 | 1.39 | 12.38 | 26.92 | 4.22 | 157.31 |
Total Long-Term Liabilities | 235.21 | 176.81 | 155.37 | 206.37 | 241.28 | 402.36 |
Total Liabilities | 399.68 | 304.13 | 236.28 | 299 | 293.91 | 433.91 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Treasury Stock | -25.27 | -25.27 | -25.33 | - | - | - |
Additional Paid-in Capital | 498.5 | 493.09 | 483.55 | 470.54 | 256.89 | 95.68 |
Retained Earnings | 143.99 | 132.15 | 98.58 | 74.45 | 34.48 | -93.13 |
Total Common Shareholders' Equity | 617.22 | 599.97 | 556.8 | 545 | 291.37 | 2.55 |
Minority Interest | - | - | - | - | 9.62 | -10.05 |
Shareholders' Equity | 617.22 | 599.97 | 556.8 | 545 | 300.99 | -7.5 |
Total Liabilities & Equity | 1,017 | 904.1 | 793.08 | 843.99 | 594.9 | 426.41 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 233.81 | 175.41 | 142.99 | 181.45 | 239.06 | 247.05 |
Net Cash (Debt) | -218.09 | -168.09 | -119.47 | -158.74 | -230.3 | -242.05 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -1.29 | -1.00 | -0.71 | -0.96 | -1.37 | -2.16 |
Book Value | 617.22 | 599.97 | 556.8 | 545 | 291.37 | 2.55 |
Book Value Per Share | 3.65 | 3.56 | 3.30 | 3.31 | 1.74 | 0.02 |
Tangible Book Value | 517.57 | 496.53 | 445.78 | 426.39 | 164.85 | -132.12 |
Tangible Book Value Per Share | 3.06 | 2.95 | 2.64 | 2.59 | 0.98 | -1.18 |