SHLS
Shoals Technologies·NASDAQ
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SHLS fundamentals
During Q4 2025, Shoals Technologies (SHLS) reported revenue of 148.32M, a YoY change of 38.64%. Net income was 8.12M, a YoY change of 3.89%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q4,2019 | Q1,2020 | Q2,2020 | Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
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Start Date | Oct 1, 2019 | Jan 1, 2020 | Apr 1, 2020 | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Dec 31, 2019 | Mar 31, 2020 | Jun 30, 2020 | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 37.88M -- | 40.74M -- | 43.43M -- | 52.60M -- | 38.75M +2.30% | 45.60M +11.94% | 59.72M +37.52% | 59.84M +13.77% | 48.05M +23.98% | 67.98M +49.06% | 73.49M +23.05% | 90.82M +51.78% | 94.65M +97.00% | 105.09M +54.59% | 119.21M +62.21% | 134.21M +47.77% | 130.44M +37.81% | 90.81M -13.59% | 99.25M -16.74% | 102.17M -23.88% | 106.99M -17.98% | 80.36M -11.50% | 110.84M +11.68% | 135.80M +32.93% | 148.32M +38.64% | 475.33M -- |
Sales and Services Revenue | 37.88M -- | 40.74M -- | 43.43M -- | 52.60M -- | 38.75M +2.30% | 45.60M +11.94% | 59.72M +37.52% | 59.84M +13.77% | 48.05M +23.98% | 67.98M +49.06% | 73.49M +23.05% | 90.82M +51.78% | 94.65M +97.00% | 105.09M +54.59% | 119.21M +62.21% | 134.21M +47.77% | 130.44M +37.81% | 90.81M -13.59% | 99.25M -16.74% | 102.17M -23.88% | 106.99M -17.98% | 80.36M -11.50% | 110.84M +11.68% | 135.80M +32.93% | 148.32M +38.64% | 475.33M -- |
Cost of Revenue | 25.41M -- | 26.55M -- | 26.60M -- | 31.91M -- | 23.91M -5.90% | 26.83M +1.04% | 33.54M +26.11% | 38.07M +19.31% | 32.12M +34.34% | 41.68M +55.36% | 44.90M +33.85% | 54.78M +43.88% | 54.27M +68.95% | 56.83M +36.33% | 68.69M +53.00% | 120.06M +119.18% | 75.06M +38.30% | 54.35M -4.37% | 59.25M -13.74% | 76.79M -36.04% | 66.80M -11.00% | 52.22M -3.91% | 69.64M +17.53% | 85.55M +11.41% | 101.41M +51.81% | 308.82M -- |
Cost of Goods and Services | 25.41M -- | -- -- | -- -- | 85.06M -- | 23.91M -5.90% | -- -- | -- -- | -- -- | 130.57M +446.05% | -- -- | -- -- | -- -- | 195.63M +49.83% | -- -- | -- -- | 120.06M -- | 75.06M -61.63% | 54.35M -- | 59.25M -- | 76.79M -36.04% | 66.80M -11.00% | 52.22M -3.91% | 69.64M +17.53% | 85.55M +11.41% | 101.41M +51.81% | 308.82M -- |
Gross Profit | 12.47M -- | 14.19M -- | 16.83M -- | 20.69M -- | 14.84M +18.99% | 18.77M +32.34% | 26.18M +55.56% | 21.77M +5.22% | 15.92M +7.28% | 26.29M +40.04% | 28.59M +9.22% | 36.05M +65.59% | 40.38M +153.59% | 48.26M +83.54% | 50.52M +76.68% | 14.15M -60.75% | 55.38M +37.15% | 36.46M -24.45% | 40.00M -20.82% | 25.38M +79.34% | 40.18M -27.44% | 28.14M -22.82% | 41.20M +3.01% | 50.25M +98.03% | 46.91M +16.75% | 166.51M -- |
Operating Expenses | 4.33M -- | 4.62M -- | 11.38M -- | 5.58M -- | 7.69M +77.46% | 8.88M +92.34% | 12.08M +6.14% | 12.21M +118.59% | 13.24M +72.30% | 16.29M +83.31% | 15.61M +29.21% | 16.08M +31.75% | 17.00M +28.41% | 22.16M +36.06% | 18.88M +20.96% | 24.72M +53.72% | 23.51M +38.25% | 24.88M +12.27% | 21.42M +13.43% | 20.85M -15.65% | 23.70M +0.81% | 23.83M -4.21% | 25.20M +17.69% | 31.58M +51.45% | 27.68M +16.77% | 108.29M -- |
Selling, General and Administrative Expenses | 4.33M -- | 4.62M -- | 11.38M -- | 5.58M -- | 7.69M +77.46% | 8.88M +92.34% | 12.08M +6.14% | 12.21M +118.59% | 13.24M +72.30% | 16.29M +83.31% | 15.61M +29.21% | 16.08M +31.75% | 17.00M +28.41% | 22.16M +36.06% | 18.88M +20.96% | 24.72M +53.72% | 23.51M +38.25% | 24.88M +12.27% | 21.42M +13.43% | 20.85M -15.65% | 23.70M +0.81% | 23.83M -4.21% | 25.20M +17.69% | 31.58M +51.45% | 29.51M +24.51% | 110.12M -- |
General and Administrative Expenses | 2.27M -- | -- -- | -- -- | 15.39M -- | 5.62M +147.49% | -- -- | -- -- | -- -- | 37.89M +574.49% | -- -- | -- -- | -- -- | 55.91M +47.54% | -- -- | -- -- | 22.55M -- | 21.45M -61.63% | 22.77M -- | 19.22M -- | 18.74M -16.89% | 21.52M +0.32% | 21.69M -4.74% | 23.06M +20.01% | 29.42M +56.98% | 27.34M +27.06% | 101.52M -- |
Loss on Disposal of Assets | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -1.83M -- | -- -- |
Operating Income | 8.14M -- | 9.57M -- | 5.45M -- | 15.11M -- | 7.16M -12.11% | 9.89M +3.38% | 14.10M +158.79% | 9.56M -36.69% | 2.68M -62.55% | 10.01M +1.18% | 12.98M -7.91% | 19.96M +108.77% | 23.37M +772.16% | 26.10M +160.82% | 31.64M +143.65% | -10.57M -152.95% | 31.87M +36.35% | 11.58M -55.62% | 18.58M -41.27% | 4.52M +142.80% | 16.48M -48.28% | 4.31M -62.78% | 16.00M -13.90% | 18.67M +312.71% | 19.24M +16.72% | 58.22M -- |
Non-Operating Income (Loss) | -306.00K -- | -272.00K -- | -225.00K -- | -104.00K -- | -2.91M -850.65% | -19.70M -7142.28% | -5.28M -2248.44% | -5.60M -5280.77% | -17.61M -505.47% | -3.84M +80.53% | -4.17M +21.08% | -4.75M +15.05% | 98.43M +658.85% | -6.00M -56.31% | -6.50M -56.00% | -5.90M -24.08% | -5.70M -105.79% | -4.36M +27.25% | -3.06M +52.91% | -3.09M +47.65% | -2.80M +50.95% | -2.30M +47.34% | 974.00K +131.80% | -2.80M +9.29% | -5.58M -99.50% | -9.70M -- |
Gain (Loss) on Foreign Currency Exchange | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -13.00K -- | -- -- |
Other Non-Operating Income (Loss) | 0 -- | -- -- | 0 -- | 0 -- | -- -- | -15.99M -- | -1.66M -- | -2.01M -- | -13.97M -- | -- -- | -- -- | -- -- | 104.21M +845.67% | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | 0 -- | 0 -- | -- -- | 3.13M -- | -7.00K -- | -3.13M -- | -- -- |
Net Interest Expense | 306.00K -- | 272.00K -- | 225.00K -- | 104.00K -- | 2.91M +850.65% | 3.71M +1263.60% | 3.62M +1508.89% | 3.58M +3344.23% | 3.64M +25.06% | 3.84M +3.42% | 4.17M +15.19% | 4.75M +32.72% | 5.78M +58.82% | 6.00M +56.31% | 6.50M +56.00% | 5.90M +24.08% | 5.70M -1.35% | 4.36M -27.25% | 3.06M -52.91% | 3.09M -47.65% | 2.80M -50.95% | 2.30M -47.34% | 2.16M -29.48% | 2.79M -9.52% | 2.44M -12.80% | 9.69M -- |
Interest Expense | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 18.54M -- | -- -- | -- -- | -- -- | 24.10M +30.00% | 4.47M -- | 3.27M -- | 3.17M -- | 2.91M -87.91% | 2.42M -46.03% | 2.24M -31.52% | 2.83M -10.75% | 2.51M -13.83% | 9.99M -- |
Interest Income | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 0 -- | 113.00K -- | 202.00K -- | 85.00K -- | 118.00K -- | 118.00K +4.42% | 76.00K -62.38% | 38.00K -55.29% | 73.00K -38.14% | 305.00K -- |
Pretax Income From Continuing Operations | 7.84M -- | 9.29M -- | 5.22M -- | 15.00M -- | 4.25M -45.80% | -9.81M -205.53% | 8.81M +68.77% | 3.97M -73.56% | -14.93M -451.61% | 6.17M +162.91% | 8.81M -0.01% | 15.21M +283.44% | 121.80M +915.67% | 20.10M +225.78% | 25.13M +185.13% | -16.47M -208.28% | 26.17M -78.51% | 7.22M -64.08% | 15.52M -38.25% | 1.44M +108.72% | 13.69M -47.70% | 2.02M -72.10% | 16.97M +9.37% | 15.87M +1005.15% | 13.66M -0.19% | 48.52M -- |
Income Tax Expense | -- -- | -- -- | 0 -- | 0 -- | -- -- | -1.48M -- | -339.00K -- | -1.31M -- | 3.21M -- | 1.52M +203.19% | 1.51M +545.72% | 2.45M +287.32% | 3.50M +9.13% | 3.12M +105.06% | 6.21M +310.79% | -6.64M -370.88% | 9.59M +173.79% | 2.45M -21.56% | 3.72M -40.13% | 1.70M +125.64% | 5.87M -38.79% | 2.30M -6.17% | 3.12M -16.12% | 3.99M +134.35% | 5.54M -5.62% | 14.94M -- |
Current Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 631.00K -- | -- -- | -- -- | -- -- | 554.00K -12.20% | -- -- | -- -- | -- -- | 915.00K +65.16% | -- -- | -- -- | -- -- | -299.00K -132.68% | -- -- | -- -- | -- -- | -1.19M -297.32% | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -1.48M -- | -- -- | -- -- | -- -- | 8.41M +669.51% | -- -- | -- -- | -- -- | 11.33M +34.83% | -- -- | -- -- | -- -- | 14.04M +23.83% | -- -- | -- -- | -- -- | 16.13M +14.94% | -- -- |
Income Tax Adjustments | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 931.00K -- | -- -- | -- -- | -- -- | 27.00K -97.10% | -- -- | -- -- | -- -- | 25.00K -7.41% | -- -- | -- -- | -- -- | 0 -100.00% | -- -- | -- -- | -- -- | 0 -- | -- -- |
Net Income | 7.84M -- | 9.29M -- | 5.22M -- | 15.00M -- | 4.25M -45.80% | -8.33M -189.66% | 9.15M +75.26% | 5.28M -64.83% | -18.14M -527.17% | 4.65M +155.78% | 7.30M -20.22% | 12.76M +141.83% | 118.30M +752.09% | 16.98M +265.30% | 18.92M +159.13% | -9.83M -177.03% | 16.58M -85.98% | 4.77M -71.89% | 11.80M -37.63% | -267.00K +97.28% | 7.82M -52.85% | -282.00K -105.91% | 13.86M +17.40% | 11.88M +4549.06% | 8.12M +3.89% | 33.57M -- |
Net Income Attributable to Minority Interests | 0 -- | -- -- | 0 -- | 0 -- | -- -- | -5.47M -- | 4.60M -- | 2.79M -- | -315.00K -- | 2.01M +136.69% | 2.90M -36.88% | 4.80M +72.08% | 5.69M +1906.67% | 2.69M +33.75% | -- -- | -- -- | 0 -100.00% | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- |
Net Income Attributable to Owners of the Company | 7.84M -- | 9.29M -- | 5.22M -- | 15.00M -- | 4.25M -45.80% | -2.86M -130.76% | 4.56M -12.73% | 2.49M -83.43% | -17.83M -519.76% | 2.64M +192.34% | 4.40M -3.42% | 7.96M +220.11% | 112.61M +731.69% | 14.30M +441.52% | 18.92M +329.90% | -9.83M -223.50% | 16.58M -85.27% | 4.77M -66.61% | 11.80M -37.63% | -267.00K +97.28% | 7.82M -52.85% | -282.00K -105.91% | 13.86M +17.40% | 11.88M +4549.06% | 8.12M +3.89% | 33.57M -- |
Net Income Attributable to Common Stockholders | 7.84M -- | 9.29M -- | 5.22M -- | 15.00M -- | 4.25M -45.80% | -2.86M -130.76% | 4.56M -12.73% | 2.49M -83.43% | -17.83M -519.76% | 2.64M +192.34% | 4.40M -3.42% | 7.96M +220.11% | 112.61M +731.69% | 14.30M +441.52% | 18.92M +329.90% | -9.83M -223.50% | 16.58M -85.27% | 4.77M -66.61% | 11.80M -37.63% | -267.00K +97.28% | 7.82M -52.85% | -282.00K -105.91% | 13.86M +17.40% | 11.88M +4549.06% | 8.12M +3.89% | 33.57M -- |
Total Comprehensive Income Attributable to Owners of the Company | 7.84M -- | -- -- | -- -- | 29.52M -- | 4.25M -45.80% | -- -- | -- -- | -- -- | 3.94M -7.13% | -- -- | -- -- | -- -- | 143.01M +3526.09% | -- -- | -- -- | -9.83M -- | -26.08M -118.24% | 4.77M -- | 11.80M -- | -267.00K +97.28% | -16.31M +37.46% | -282.00K -105.91% | 13.86M +17.40% | 11.88M +4549.06% | -25.45M -56.06% | -- -- |
Basic EPS | -- -- | -- -- | -- -- | -- -- | -- -- | -0.06 -- | 0.05 -- | 0.02 -- | -0.11 -- | 0.02 +133.33% | 0.04 -20.00% | 0.07 +250.00% | 0.67 +709.09% | 0.1 +400.00% | 0.11 +175.00% | -0.06 -185.71% | 0.1 -85.07% | 0.03 -70.00% | 0.07 -36.36% | 0 +100.00% | 0.05 -50.00% | 0 -100.00% | 0.08 +14.29% | 0.07 -- | 0.05 -- | 0.2 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.06 -- | -- -- | 0.03 -- | 0.07 -- | 0 +100.00% | -- -- | 0 -100.00% | 0.08 +14.29% | 0.07 -- | -- -- | -- -- |
Diluted EPS | -- -- | -- -- | -- -- | -- -- | -- -- | -0.06 -- | 0.05 -- | 0.02 -- | -- -- | 0.02 +133.33% | 0.04 -20.00% | 0.07 +250.00% | -- -- | 0.1 +400.00% | 0.11 +175.00% | -0.06 -185.71% | 0.1 -- | 0.03 -70.00% | 0.07 -36.36% | 0 +100.00% | -- -- | 0 -100.00% | 0.08 +14.29% | 0.07 -- | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.06 -- | -- -- | 0.03 -- | 0.07 -- | 0 +100.00% | -- -- | 0 -100.00% | 0.08 +14.29% | 0.07 -- | -- -- | -- -- |
You can ask Aime
What is Shoals Technologies's gross profit margin?What guidance did Shoals Technologies's management provide for the next earnings period?What is the market's earnings forecast for Shoals Technologies next quarter?Did Shoals Technologies beat or miss consensus estimates last quarter?What were the key takeaways from Shoals Technologies's earnings call?What factors drove the changes in Shoals Technologies's revenue and profit?What does Shoals Technologies do and what are its main business segments?What were the key takeaways from Shoals Technologies’s earnings call?
