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. balance sheet

Annual Quarterly

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	FY 2018 2018-12-31
Cash & Equivalents	7.32	24	23	8.77	9.56	10	7.08	0.11
Cash & Short-Term Investments	7.32	24	23	8.77	9.56	10	7.08	0.11
Receivables	129	78	107	51	31	27	–	–
Inventory	90	56	53	73	38	15	–	–
Other Current Assets	9.76	9.85	4.42	4.63	5.04	0.16	–	–
Total Current Assets	258	188	227	154	93	56	–	–
Property, Plant & Equipment	53	28	25	17	16	13	–	–
Gross Property, Plant & Equipment	71	41	34	24	21	17	–	–
Accumulated Depreciation	-17	-13	-9.56	-7.28	-5.60	-4.07	–	–
Operating Lease Right-of-Use Assets	46	1.79	2.87	4.06	–	–	–	–
Goodwill	70	70	70	70	69	50	50	–
Intangible Assets	33	41	49	57	65	72	–	–
Deferred Tax Assets	438	454	468	292	177	0	–	–
Other Long-Term Assets	5.40	9.54	5.17	6.33	5.76	4.24	–	–
Total Assets	904	793	844	595	426	195	–	–
Accounts Payable	65	20	14	9.48	20	15	–	–
Accrued Expenses	–	–	–	–	9.57	5.97	–	–
Current Portion of Long-Term Debt	–	0	2.00	2.00	2.00	3.50	–	–
Current Debt	–	0	2.00	2.00	2.00	3.50	–	–
Current Portion of Leases	3.22	0.88	1.14	1.16	0	–	–	–
Deferred Revenue (Current)	37	19	22	23	1.84	–	–	–
Total Current Liabilities	127	81	93	53	32	24	–	–
Long-Term Debt	–	142	179	237	245	355	–	–
Long-Term Leases	39	1.24	2.12	3.26	–	–	–	–
Operating Lease Liabilities	42	2.12	3.26	4.42	0	–	–	–
Other Long-Term Liabilities	0.99	0.99	3.11	4.22	0.93	0	–	–
Total Liabilities	304	236	299	294	434	379	–	–
Total Debt	–	142	181	239	247	359	–	–
Preferred Stock	0	0	0	0	0	–	–	–
Additional Paid-In Capital	493	484	471	257	96	–	–	–
Retained Earnings	132	99	74	34	-93	–	–	–
Treasury Stock	-25	-25	0	–	–	–	–	–
Shareholders' Equity	600	557	545	291	2.55	–	–	–
Noncontrolling Interest	–	–	0	9.62	-10	–	–	–
Total Equity	600	557	545	301	-7.50	-184	150	–
Total Liabilities & Equity	904	793	844	595	426	195	–	–

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: –