SHLSNasdaqSemiconductors & Related DevicesFiscal year ends December 31

Shoals Technologies Group, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$7.31+0.14 (+1.95%)

Close on Oct 19, 2026

Market cap: $1.24B
P/E (TTM): 38.5
Dividend yield: –

Shoals Technologies Group, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Revenue	475	399	489	327	213	176	144
Cost of Revenue	309	257	321	196	131	109	100
Gross Profit	167	142	168	131	83	67	44
General & Administrative	102	82	81	56	38	21	9.07
Operating Expenses	110	91	89	65	46	29	17
Operating Income	56	51	79	66	36	37	27
Interest Expense	9.99	14	24	19	15	3.51	1.79
Interest & Investment Income	0.31	0.52	0	0	–	–	–
Asset Impairment Charges	0	0	0	0	0	0	0
Gain (Loss) on Sale of Assets	1.84	0	0	0	-0.05	0	0
Pretax Income	49	38	55	152	4.03	–	–
Income Tax Expense	15	14	12	8.99	0.09	0	0
Net Income incl. Noncontrolling Interests	34	24	43	143	3.94	34	25
Minority Interest in Earnings	0	0	2.69	15	1.60	0	0
Net Income	34	24	40	128	2.35	34	25
Net Income to Common	34	24	40	128	–	–	–
EPS (Basic)(per share)	0.20	0.14	0.24	1.11	–	–	–
EPS (Diluted)(per share)	0.20	0.14	0.24	0.85	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	167	169	164	114	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	168	169	165	168	–	–	–
EBITDA	70	64	90	77	46	47	36

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 31.9%
Operating margin: 10.6%
Net margin: 5.4%
Return on equity, FY2025: 5.8%

Financial strength

Current ratio: 2.25
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 9.6%

Valuation

P/E ratio: 38.5
Price to sales: 2.11
Price to book: 2.01
Dividend yield: –