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Shoals Technologies Group (SHLS) Income Statement (2020 - 2026)

Income Statement report data from Mar 31, 2020 to Mar 31, 2026 for Shoals Technologies Group (SHLS).

All data is split-adjusted. You can find the most accurate data from the reports on the SEC official website. We recommend verify information using official company filings before making investment decisions.

Reported currency: USD
Mar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Jan 29, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020
Revenue and COGS
Total Revenue
141M
(-5.23%)
148M
(+9.22%)
136M
(+22.52%)
111M
(+37.93%)
80M
(-24.89%)
107M
(+4.72%)
102M
(+2.94%)
99M
(+9.29%)
91M
(-30.38%)
130M
(-2.81%)
134M
(+12.58%)
119M
(+13.44%)
105M
(+11.03%)
95M
(+4.22%)
91M
(+23.58%)
73M
(+8.11%)
68M
(+41.48%)
48M
(-19.70%)
60M
(+0.20%)
60M
(+30.96%)
46M-136.76M39M
(-26.33%)
53M
(+21.11%)
43M
(+6.60%)
41M
Cost Of Revenue
100M
(-1.83%)
101M
(+18.54%)
86M
(+22.85%)
70M
(+33.36%)
52M
(-21.83%)
67M
(-13.01%)
77M
(+29.60%)
59M
(+9.02%)
54M
(-27.59%)
75M
(-37.48%)
120M
(+74.79%)
69M
(+20.87%)
57M
(+4.72%)
54M
(-0.93%)
55M
(+22.00%)
45M
(+7.73%)
42M
(+29.76%)
32M
(-15.63%)
38M
(+13.51%)
34M
(+25.01%)
27M-85.06M24M
(-25.07%)
32M
(+19.96%)
27M
(+0.19%)
27M
Costof Goods And Services Sold
100M
(-1.83%)
101M
(+18.54%)
86M
(+22.85%)
70M
(+33.36%)
52M
(-21.83%)
67M
(-13.01%)
77M
(+29.60%)
59M
(+9.02%)
54M
(-27.59%)
75M
(-37.48%)
120M
(+74.79%)
69M
(+20.87%)
57M
(+4.72%)
54M
(-0.93%)
55M
(+22.00%)
45M
(+7.73%)
42M
(+29.76%)
32M
(-15.63%)
38M
(+13.51%)
34M
(+25.01%)
27M-85.06M24M
(-25.07%)
32M
(+19.96%)
27M
(+0.19%)
27M
Gross Profit
41M
(-12.58%)
47M
(-6.65%)
50M
(+21.97%)
41M
(+46.41%)
28M
(-29.97%)
40M
(+58.31%)
25M
(-36.55%)
40M
(+9.71%)
36M
(-34.16%)
55M
(+291.38%)
14M
(-71.99%)
51M
(+4.68%)
48M
(+19.51%)
40M
(+12.01%)
36M
(+26.09%)
29M
(+8.75%)
26M
(+65.14%)
16M
(-26.87%)
22M
(-16.84%)
26M
(+39.48%)
19M-51.70M15M
(-28.27%)
21M
(+22.94%)
17M
(+18.60%)
14M
Operating Expenses
Selling General And Administrative
31M
(+13.42%)
27M
(-7.07%)
29M
(+27.58%)
23M
(+6.32%)
22M
(+0.79%)
22M
(+14.83%)
19M
(-2.50%)
19M
(-15.59%)
23M
(+6.15%)
21M
(-4.88%)
23M
(+34.87%)
17M
(-16.36%)
20M
(+34.43%)
15M
(+7.36%)
14M
(+4.37%)
13M
(-4.67%)
14M
(+26.20%)
11M
(+9.97%)
10M
(+0.10%)
10M
(+46.92%)
6.82M-15.39M5.62M
(+59.66%)
3.52M
(-62.23%)
9.32M
(+264.06%)
2.56M
Operating Expenses
33M
(+12.81%)
30M
(-6.55%)
32M
(+25.32%)
25M
(+5.75%)
24M
(+0.55%)
24M
(+13.67%)
21M
(-2.66%)
21M
(-13.91%)
25M
(+5.83%)
24M
(-4.89%)
25M
(+30.93%)
19M
(-14.80%)
22M
(+30.28%)
17M
(+5.78%)
16M
(+3.01%)
16M
(-4.17%)
16M
(+23.04%)
13M
(+8.44%)
12M
(+1.08%)
12M
(+36.04%)
8.88M-21.58M7.69M
(+37.81%)
5.58M
(-50.97%)
11M
(+146.32%)
4.62M
Depreciation And Amortization
4.10M
(-34.19%)
6.23M
(+188.43%)
2.16M
(+0.93%)
2.14M
(-34.95%)
3.29M
(-38.16%)
5.32M
(+152.13%)
2.11M
(-4.09%)
2.20M
(-26.67%)
3.00M
(-18.70%)
3.69M
(+70.05%)
2.17M
(+0.46%)
2.16M
(-13.94%)
2.51M
(-22.53%)
3.24M
(+45.29%)
2.23M
(-4.70%)
2.34M
(-13.01%)
2.69M
(-21.35%)
3.42M
(+57.60%)
2.17M
(+5.34%)
2.06M
(-14.17%)
2.40M-6.45M2.95M
(+42.51%)
2.07M
(+0.49%)
2.06M
(-11.21%)
2.32M
Operating Income
Operating Income
7.72M
(-55.63%)
17M
(-6.80%)
19M
(+16.69%)
16M
(+271.23%)
4.31M
(-73.85%)
16M
(+264.60%)
4.52M
(-75.67%)
19M
(+60.45%)
12M
(-63.66%)
32M-10.57M32M
(+21.23%)
26M
(+11.68%)
23M
(+17.03%)
20M
(+53.85%)
13M
(+29.67%)
10M
(+273.51%)
2.68M
(-71.97%)
9.56M
(-32.20%)
14M
(+42.57%)
9.89M-30.12M7.16M
(-52.61%)
15M
(+177.25%)
5.45M
(-43.05%)
9.57M
Ebit
7.72M
(-55.63%)
17M
(-6.80%)
19M
(+16.69%)
16M
(+271.23%)
4.31M
(-73.85%)
16M
(+264.60%)
4.52M
(-75.67%)
19M
(+60.45%)
12M
(-63.66%)
32M-10.57M32M
(+21.23%)
26M
(+11.68%)
23M
(+17.03%)
20M
(+53.85%)
13M
(+29.67%)
10M
(+273.51%)
2.68M
(-71.97%)
9.56M
(-32.20%)
14M
(+42.57%)
9.89M-27.44M7.16M
(-52.61%)
15M
(+177.25%)
5.45M
(-43.05%)
9.57M
EBITDA
12M
(-50.00%)
24M
(+13.49%)
21M
(+14.83%)
18M
(+138.68%)
7.60M
(-65.14%)
22M
(+228.81%)
6.63M
(-68.09%)
21M
(+42.43%)
15M
(-58.97%)
36M-8.40M34M
(+18.11%)
29M
(+7.48%)
27M
(+19.96%)
22M
(+44.75%)
15M
(+20.71%)
13M
(+108.20%)
6.10M
(-48.04%)
12M
(-27.35%)
16M
(+31.49%)
12M-33.90M10M
(-41.12%)
17M
(+128.63%)
7.51M
(-36.84%)
12M
Other Income / Expenses
Interest Income
60K
(-14.29%)
70K
(+75.00%)
40K
(-50.00%)
80K
(-33.33%)
120K
(0.00%)
120K
(+33.33%)
90K
(-55.00%)
200K
(+81.82%)
110K-----------------
Interest Expense
2.90M
(+15.54%)
2.51M
(-11.31%)
2.83M
(+26.34%)
2.24M
(-7.44%)
2.42M
(-20.13%)
3.03M
(-4.42%)
3.17M
(-3.06%)
3.27M
(-25.00%)
4.36M
(-23.51%)
5.70M
(-3.39%)
5.90M
(-9.37%)
6.51M
(+8.50%)
6.00M
(+3.81%)
5.78M
(+21.68%)
4.75M
(+13.91%)
4.17M
(+8.59%)
3.84M
(+5.49%)
3.64M
(+1.68%)
3.58M
(-1.10%)
3.62M
(-2.43%)
3.71M-600.00K2.91M
(+2810.00%)
100K
(-56.52%)
230K
(-14.81%)
270K
Net Interest Income
60K
(-14.29%)
70K
(+75.00%)
40K
(-50.00%)
80K
(-33.33%)
120K
(-97.32%)
4.48M
(+4877.78%)
90K
(-55.00%)
200K-4.25M
(-25.44%)
-5.70M
(-3.39%)
-5.90M
(-9.23%)
-6.50M
(+8.33%)
-6.00M
(+3.81%)
-5.78M
(+21.68%)
-4.75M
(+13.91%)
-4.17M
(+8.59%)
-3.84M
(+5.49%)
-3.64M
(+1.68%)
-3.58M
(-1.10%)
-3.62M
(-2.43%)
-3.71M600K-2.91M
(+2810.00%)
-100.00K
(-54.55%)
-220.00K
(-18.52%)
-270.00K
Net Income
Income Before Tax
-49M---38M---55M---152M---4.03M--------
Income Tax Expense
-90.00K5.54M
(+38.85%)
3.99M
(+27.88%)
3.12M
(+35.65%)
2.30M
(-60.82%)
5.87M
(+245.29%)
1.70M
(-54.30%)
3.72M
(+51.84%)
2.45M
(-74.45%)
9.59M-6.64M6.21M
(+99.04%)
3.12M
(-10.86%)
3.50M
(+42.86%)
2.45M
(+62.25%)
1.51M
(-0.66%)
1.52M
(-52.65%)
3.21M-1.31M
(+285.29%)
-340.00K
(-76.87%)
-1.47M-----
Net Income From Continuing Operations
-300.00K8.12M
(-31.65%)
12M
(-14.29%)
14M-280.00K7.82M-270.00K12M
(+147.38%)
4.77M
(-71.23%)
17M-9.83M19M
(+32.31%)
14M
(-87.30%)
113M
(+1314.70%)
7.96M
(+80.91%)
4.40M
(+66.67%)
2.64M-1.84M2.49M
(-45.39%)
4.56M-2.86M
(-89.34%)
-26.84M4.25M
(-71.67%)
15M
(+187.36%)
5.22M
(-43.87%)
9.30M
Net Income
-300.00K8.12M
(-31.65%)
12M
(-14.29%)
14M-280.00K7.82M-270.00K12M
(+147.38%)
4.77M
(-71.23%)
17M-9.83M19M
(+32.31%)
14M
(-87.30%)
113M
(+1314.70%)
7.96M
(+80.91%)
4.40M
(+66.67%)
2.64M-1.84M2.49M
(-45.39%)
4.56M-2.86M
(-89.34%)
-26.84M4.25M
(-71.67%)
15M
(+187.36%)
5.22M
(-43.87%)
9.30M