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Shoals Technologies Group, Inc. (SHLS)

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CIK 0001831651 · Nasdaq · Semiconductors & Related Devices

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Shoals Technologies Group, Inc. reported revenue of $475.33M. Revenue grew 19.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $588.06M.

Key ratios (year ended 2025-12-31)

35.0%
Gross margin
11.9%
Operating margin
7.1%
Net margin
5.6%
Return on year-end equity
19.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-09-11

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$588.06M$475.33M$399.21M$488.94M$326.94M$213.21M$175.52M$144.50M
Cost of Revenue$400.36M$308.82M$257.19M$320.63M$195.63M$130.57M$108.97M$100.28M
Gross Profit$187.70M$166.51M$142.02M$168.30M$131.31M$82.64M$66.55M$44.21M
Operating Income$62.52M$56.38M$51.17M$79.03M$66.33M$36.23M$37.28M$26.93M
Depreciation & Amortization$15.93M$13.82M$12.63M$10.53M$10.51M$10.05M$9.40M$9.16M
EBITDA$78.44M$70.20M$63.80M$89.56M$76.84M$46.28M$46.68M$36.09M
Net Income$31.84M$33.57M$24.13M$39.97M$127.61M$2.35M$33.77M$25.14M
EPS (Diluted)n/a$0.20$0.14$0.24$0.85n/an/an/a
Total Assets$1.02B$904.10M$793.08M$843.99M$594.89M$426.41M$195.31Mn/a
Total Liabilities$399.68M$304.13M$236.28M$299.00M$293.91M$433.91M$379.43Mn/a
Long-Term Debtn/an/a$141.75M$181.44M$239.06M$247.05M$358.83Mn/a
Shareholders' Equity$617.22M$599.97M$556.80M$545.00M$300.99M-$7.50M-$184.12Mn/a
Cash & Equivalents$15.72M$7.32M$23.51M$22.71M$8.77M$5.01M$10.07Mn/a
Operating Cash Flow-$19.31M$17.07M$80.39M$91.95M$39.45M-$4.08M$54.08M$36.18M
Capital Expenditures$32.28M$33.04M$8.39M$10.58M$3.15M$4.13M$3.24M$1.72M
Free Cash Flow-$51.59M-$15.98M$72.00M$81.38M$36.30M-$8.21M$50.85M$34.46M
Share Repurchasesn/a$0$25.33M$0$0n/an/an/a
Weighted Average Diluted Sharesn/a168.38M168.72M164.50M167.63Mn/an/an/a
EPS (Basic)n/a$0.20$0.14$0.24$1.11n/an/an/a

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