Shoals Technologies Group, Inc.
SHLSNASDAQEnergy● Active
$10.81
$-1.96(-15.35%)
Market Cap$1.8B
P/E Ratio—
52W High$13.18
52W Low$3.99
Shoals Technologies Group, Inc. (SHLS) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · SHLS · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $0.48B | $0.40B | $0.49B | $0.33B | $0.21B |
| Cost of Revenue | $0.31B | $0.26B | $0.32B | $0.20B | $0.13B |
| Gross Profit | $0.17B | $0.14B | $0.17B | $0.13B | $0.08B |
| Gross Margin %(computed) | 35.03% | 35.57% | 34.42% | 40.16% | 38.76% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.10B | $0.08B | $0.08B | $0.06B | $0.04B |
| Total Operating Expenses | $0.11B | $0.09B | $0.09B | $0.06B | $0.05B |
| Operating Income | $0.06B | $0.05B | $0.08B | $0.07B | $0.04B |
| Operating Margin %(computed) | 11.86% | 12.82% | 16.16% | 20.29% | 16.99% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.01B | $0.01B | $0.02B | $0.02B | $0.01B |
| Income Before Tax | $0.05B | $0.04B | $0.05B | $0.15B | $0.00B |
| Income Tax Expense | $0.01B | $0.01B | $0.01B | $0.01B | $0.00B |
| Net Income | $0.03B | $0.02B | $0.04B | $0.13B | $0.00B |
| Net Margin %(computed) | 7.06% | 6.04% | 8.18% | 39.03% | 1.10% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $0.20 | $0.14 | $0.24 | $1.11 | $0.02 |
| Wtd Avg Shares | 0.17B | 0.17B | 0.16B | 0.11B | 0.11B |
| EBITDA | $0.07B | $0.06B | $0.09B | $0.18B | $0.03B |
| EBITDA Margin %(computed) | 14.12% | 16.11% | 18.32% | 55.38% | 13.43% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Shoals Technologies Group, Inc. (SHLS) Income Statement
Shoals Technologies Group, Inc. (SHLS) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, SHLS reported revenue of $0.48B, gross profit of $0.17B (gross margin 35.03%), and net income of $0.03B — a net profit margin of 7.06%.
Frequently asked questions
SHLS · 4 questionsShoals Technologies Group, Inc. (SHLS) reported revenue of $0.48B for 2025, up 19.1% year-over-year.
SHLS revenueSHLS salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08