Shoals Technologies Group, Inc. (SHLS) stock
SHLSNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 12/3014% below fair value
$8.29+0.22 (+2.73%)
Close on Nov 13, 2026Market cap $1.40BP/E 36.0Yield –
Shoals Technologies profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Shoals Technologies's profit margin for the twelve months ending Sep 30, 2026 was 5.8%. For fiscal 2025 it was 7.1%, against 6.0% the year before. The highest annual figure on record is 39.0% in fiscal 2022.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7.1% | +1.0 |
| FY2024 | Dec 31, 2024 | 6.0% | −2.1 |
| FY2023 | Dec 31, 2023 | 8.2% | −30.9 |
| FY2022 | Dec 31, 2022 | 39.0% | +37.9 |
| FY2021 | Dec 31, 2021 | 1.1% | −18.1 |
| FY2020 | Dec 31, 2020 | 19.2% | +1.8 |
| FY2019 | Dec 31, 2019 | 17.4% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 9.1% | +0.4 |
| Q2 FY2026 | Jun 30, 2026 | 7.4% | −5.1 |
| Q1 FY2026 | Mar 31, 2026 | -0.2% | +0.1 |
| Q4 FY2025 | Dec 31, 2025 | 5.5% | −1.8 |
| Q3 FY2025 | Sep 30, 2025 | 8.7% | +9.0 |
| Q2 FY2025 | Jun 30, 2025 | 12.5% | +0.6 |
| Q1 FY2025 | Mar 31, 2025 | -0.4% | −5.6 |
| Q4 FY2024 | Dec 31, 2024 | 7.3% | −5.4 |
| Q3 FY2024 | Sep 30, 2024 | -0.3% | +7.1 |
| Q2 FY2024 | Jun 30, 2024 | 11.9% | −4.0 |
| Q1 FY2024 | Mar 31, 2024 | 5.3% | −8.3 |
| Q4 FY2023 | Dec 31, 2023 | 12.7% | −106.3 |
| Q3 FY2023 | Sep 30, 2023 | -7.3% | −16.1 |
| Q2 FY2023 | Jun 30, 2023 | 15.9% | +9.9 |
| Q1 FY2023 | Mar 31, 2023 | 13.6% | +9.7 |
| Q4 FY2022 | Dec 31, 2022 | 119.0% | +122.8 |
| Q3 FY2022 | Sep 30, 2022 | 8.8% | +4.6 |
| Q2 FY2022 | Jun 30, 2022 | 6.0% | −1.6 |
| Q1 FY2022 | Mar 31, 2022 | 3.9% | +10.2 |
| Q4 FY2021 | Dec 31, 2021 | -3.8% | −14.8 |
| Q3 FY2021 | Sep 30, 2021 | 4.2% | −24.4 |
| Q2 FY2021 | Jun 30, 2021 | 7.6% | −4.4 |
| Q1 FY2021 | Mar 31, 2021 | -6.3% | −29.1 |
| Q4 FY2020 | Dec 31, 2020 | 11.0% | – |
| Q3 FY2020 | Sep 30, 2020 | 28.5% | – |
| Q2 FY2020 | Jun 30, 2020 | 12.0% | – |
| Q1 FY2020 | Mar 31, 2020 | 22.8% | – |
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