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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market

Shoals Technologies Group (SHLS) Income Statement

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Shoals Technologies Group Income Statement

Last quarter (Q3 2025), Shoals Technologies Group's total revenue was $135.80M, an increase of 32.93% from the same quarter last year. In Q3, Shoals Technologies Group's net income was $11.88M. See Shoals Technologies Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 399.21M$ 488.94M$ 326.94M$ 213.21M$ 175.52M
Gross Profit
$ 142.02M$ 168.30M$ 131.31M$ 82.64M$ 66.55M
Operating Expenses
$ 90.84M$ 89.27M$ 64.98M$ 46.41M$ 29.27M
Depreciation and Amortization
$ 12.63M$ 10.53M$ 10.51M$ 10.05M$ 9.40M
EBITDA
$ 64.32M$ 89.56M$ 181.05M$ 28.63M$ 46.68M
Operating Income
$ 51.17M$ 79.03M$ 66.33M$ 36.23M$ 37.28M
Other Income/Expenses
$ -13.31M$ -24.10M$ 85.67M$ -32.20M$ -3.51M
Pretax Income
$ 37.86M$ 54.94M$ 152.00M$ 4.03M$ 33.77M
Net Income
$ 24.13M$ 39.97M$ 127.61M$ 2.35M$ 33.77M
Per Share Metrics
Basic EPS
$ 0.14$ 0.24$ 1.11$ 0.02$ 0.21
Diluted EPS
$ 0.14$ 0.24$ 0.85$ 0.02$ 0.21
Weighted Average Shares Outstanding
168.57M 164.16M 114.50M 112.05M 160.28M
Weighted Average Shares Outstanding (Diluted)
168.72M 164.50M 167.63M 112.05M 160.28M
Currency in USD

Shoals Technologies Group Earnings and Revenue History