Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · Real-Time Price · USD

6.35

-0.50 (-7.30%)

At close: Feb 26, 2026, 4:00 PM EST

6.40

+0.05 (0.79%)

After-hours: Feb 26, 2026, 7:54 PM EST

Shoals Technologies Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	33.57	24.13	39.97	127.61	2.35
Depreciation & Amortization	13.82	12.63	10.53	10.51	10.05
Other Amortization	0.62	3.09	2.17	1.37	5.97
Loss (Gain) From Sale of Assets	-	-	-	-	0.05
Stock-Based Compensation	9.9	14.23	20.86	16.11	11.29
Provision & Write-off of Bad Debts	-	-	0.3	0.2	-
Other Operating Activities	18.91	31.91	78.62	-77.77	0.43
Change in Accounts Receivable	-51.91	48.24	-80.26	-22.39	-8.92
Change in Inventory	-35.11	-5.84	15.01	-36.93	-17.19
Change in Accounts Payable	43.32	5.64	5.17	-11.03	-3.88
Change in Unearned Revenue	18.29	-3.49	-1.03	21.42	1.67
Change in Other Net Operating Assets	-34.35	-50.14	0.62	10.35	-5.9
Operating Cash Flow	17.07	80.39	91.96	39.46	-4.08
Operating Cash Flow Growth	-78.77%	-12.58%	133.06%	-	-
Capital Expenditures	-33.04	-8.39	-10.58	-3.15	-4.13
Sale of Property, Plant & Equipment	5.09	-	-	-	-
Cash Acquisitions	-	-	-	-	-12.91
Other Investing Activities	-	-	-0.27	-0.5	-
Investing Cash Flow	-27.96	-8.39	-10.85	-3.66	-17.04
Long-Term Debt Issued	60	148.75	45	46	49.14
Total Debt Issued	60	148.75	45	46	49.14
Long-Term Debt Repaid	-65	-190.75	-104.5	-55.14	-168.29
Total Debt Repaid	-65	-190.75	-104.5	-55.14	-168.29
Net Debt Issued (Repaid)	-5	-42	-59.5	-9.14	-119.15
Issuance of Common Stock	-	-	-	42.94	559.9
Repurchase of Common Stock	-0.36	-26.55	-3.88	-1.3	-0.14
Other Financing Activities	0.06	-2.64	-3.79	-69.1	-420.01
Financing Cash Flow	-5.3	-71.19	-67.17	-36.59	20.6
Net Cash Flow	-16.19	0.8	13.94	-0.79	-0.52
Free Cash Flow	-15.98	72	81.38	36.3	-8.21
Free Cash Flow Growth	-	-11.53%	124.17%	-	-
Free Cash Flow Margin	-3.36%	18.03%	16.64%	11.10%	-3.85%
Free Cash Flow Per Share	-0.10	0.43	0.49	0.22	-0.08
Cash Interest Paid	9.11	16.29	23.1	12.84	10.81
Cash Income Tax Paid	-0.18	0.11	1.32	0.79	1.19
Levered Free Cash Flow	-9.89	79.63	38.42	18.27	4.79
Unlevered Free Cash Flow	-4.27	85.18	51.32	28.49	7.91
Change in Working Capital	-59.76	-5.6	-60.49	-38.57	-34.22

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q