Shoals Technologies Group, Inc. (SHLS)
NASDAQ: SHLS · Real-Time Price · USD
7.14
-0.28 (-3.77%)
At close: Aug 28, 2026, 4:00 PM EDT
7.14
0.00 (0.00%)
Pre-market: Aug 31, 2026, 4:58 AM EDT
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 | 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 |
| 588.06 | 475.33 | 399.21 | 488.94 | 326.94 | 213.21 | |
Revenue Growth | 46.88% | 19.07% | -18.35% | 49.55% | 53.34% | 21.48% |
Cost of Revenue | 399.24 | 308.82 | 257.19 | 320.64 | 195.63 | 130.57 |
Gross Profit | 188.82 | 166.51 | 142.02 | 168.3 | 131.31 | 82.65 |
Selling, General & Admin | 95.19 | 83.18 | 74.96 | 79.46 | 55.91 | 35.54 |
Operating Expenses | 104.13 | 91.78 | 83.55 | 88.01 | 64.98 | 44.06 |
Operating Income | 84.69 | 74.73 | 58.46 | 80.3 | 66.33 | 38.58 |
Interest Expense | -11.72 | -9.99 | -13.83 | -24.1 | -18.54 | -14.55 |
Interest & Investment Income | 0.44 | 0.31 | 0.52 | - | - | - |
Currency Exchange Gain (Loss) | -0.04 | -0.01 | - | - | - | - |
EBT Excluding Unusual Items | 73.37 | 65.03 | 45.16 | 56.2 | 47.79 | 24.03 |
Merger & Restructuring Charges | -1.12 | - | - | - | - | -2.35 |
Gain (Loss) on Sale of Assets | -1.3 | 1.84 | - | - | - | - |
Legal Settlements | -26.31 | -18.34 | -7.29 | -1.26 | - | - |
Other Unusual Items | - | - | - | - | 104.21 | -17.65 |
Pretax Income | 44.64 | 48.52 | 37.86 | 54.94 | 152 | 4.03 |
Income Tax Expense | 12.8 | 14.94 | 13.74 | 12.27 | 8.99 | 0.09 |
Earnings From Continuing Operations | 31.84 | 33.57 | 24.13 | 42.66 | 143.01 | 3.94 |
Minority Interest in Earnings | - | - | - | -2.69 | -15.4 | -1.6 |
Net Income | 31.84 | 33.57 | 24.13 | 39.97 | 127.61 | 2.35 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | 2.68 |
Net Income to Common | 31.84 | 33.57 | 24.13 | 39.97 | 127.61 | -0.33 |
Net Income Growth | 50.74% | 39.16% | -39.64% | -68.67% | - | - |
Shares Outstanding (Basic) | 168 | 167 | 169 | 164 | 114 | 99 |
Shares Outstanding (Diluted) | 170 | 168 | 169 | 165 | 168 | 99 |
Shares Change | 1.49% | -0.21% | 2.57% | -1.86% | 68.86% | -38.06% |
EPS (Basic) | 0.19 | 0.20 | 0.14 | 0.24 | 1.11 | -0.00 |
EPS (Diluted) | 0.19 | 0.20 | 0.14 | 0.24 | 0.85 | -0.00 |
EPS Growth | 58.78% | 42.86% | -41.67% | -71.87% | - | - |
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 |
Free Cash Flow | -51.59 | -15.98 | 72 | 81.38 | 36.3 | -8.21 |
Free Cash Flow Per Share | -0.30 | -0.10 | 0.43 | 0.49 | 0.22 | -0.08 |
Gross Margin | 32.11% | 35.03% | 35.58% | 34.42% | 40.16% | 38.76% |
Operating Margin | 14.40% | 15.72% | 14.64% | 16.42% | 20.29% | 18.09% |
Profit Margin | 5.42% | 7.06% | 6.04% | 8.18% | 39.03% | -0.15% |
Free Cash Flow Margin | -8.77% | -3.36% | 18.03% | 16.64% | 11.10% | -3.85% |
EBITDA | 100.62 | 88.54 | 71.09 | 90.82 | 76.84 | 48.63 |
EBITDA Margin | 17.11% | 18.63% | 17.81% | 18.58% | 23.50% | 22.81% |
D&A For EBITDA | 15.93 | 13.82 | 12.63 | 10.53 | 10.51 | 10.05 |
EBIT | 84.69 | 74.73 | 58.46 | 80.3 | 66.33 | 38.58 |
EBIT Margin | 14.40% | 15.72% | 14.64% | 16.42% | 20.29% | 18.09% |
Effective Tax Rate | 28.67% | 30.80% | 36.28% | 22.34% | 5.91% | 2.13% |