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Shoals Technologies Group, Inc. (SHLS) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Technology · Solar · DATA UPDATED 2026-07-21

Shoals Technologies Group, Inc. (SHLS) operates in the Solar industry and is headquartered in Portland, United States with about 1,480 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, SHLS reported $475M in revenue and $34M in net income.

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

Interactive charts & full statements → Open the SHLS valuation workbench →

SHLS Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$475M$399M$489M$327M
Gross Profit$166M$142M$168M$131M
Operating Income (EBIT)$56M$51M$79M$66M
Net Income$34M$24M$40M$128M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SHLS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$141M$148M$136M$111M$80M
Gross Profit$41M$47M$50M$41M$28M
Operating Income (EBIT)$8M$17M$19M$16M$4M
Net Income($0M)$8M$12M$14M($0M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SHLS Free Cash Flow History

SHLS Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$904M$793M$844M$595M
Total Liabilities$304M$236M$299M$294M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SHLS viewer.

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