Shoals Technologies Group (SHLS)
Designs prefabricated electrical infrastructure for utility-scale solar, battery storage, and data centers.
$7.85
vs last close−0.30 (−3.71%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 134 | 130 | 91 | 99 | 102 | 107 | 80 | 111 | 136 | 148 | 141 | 163 |
| Cost of revenue | 120 | 75 | 54 | 59 | 77 | 67 | 52 | 70 | 86 | 101 | 100 | 114 |
| Gross profit | 14 | 55 | 36 | 40 | 25 | 40 | 28 | 41 | 50 | 47 | 41 | 50 |
| 25 | 24 | 25 | 21 | 21 | 24 | 24 | 25 | 32 | 30 | 33 | 31 | |
| 23 | 21 | 23 | 19 | 19 | 22 | 22 | 23 | 23 | 34 | 31 | 28 | |
| General & administrative | 23 | 21 | 23 | 19 | 19 | 22 | 22 | 23 | 23 | 34 | 31 | 28 |
| Other expenses | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 9 | −5 | 2 | 2 |
| Operating income | −11 | 32 | 12 | 19 | 5 | 16 | 4 | 16 | 19 | 17 | 8 | 19 |
| −6 | −6 | −4 | −3 | −3 | −3 | −2 | 1 | −3 | −4 | −8 | −3 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 6 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | −1 | 0 | −3 | 0 | 1 | 5 | 0 |
| Income before tax | −16 | 26 | 7 | 16 | 1 | 14 | 2 | 17 | 16 | 14 | 0 | 15 |
| Income tax expense | −7 | 10 | 2 | 4 | −2 | 6 | 2 | 3 | 4 | 6 | 0 | 3 |
| Net income from continuing operations | −10 | 17 | 5 | 12 | 3 | 8 | 0 | 14 | 12 | 8 | 0 | 12 |
| Net income | −10 | 17 | 5 | 12 | 3 | 8 | 0 | 14 | 12 | 8 | 0 | 12 |
| EPS, basic | −$0.06 | $0.10 | $0.03 | $0.07 | $0.02 | $0.05 | −$0.00 | $0.08 | $0.07 | $0.05 | −$0.00 | $0.07 |
| EPS, diluted | −$0.06 | $0.10 | $0.03 | $0.07 | $0.02 | $0.05 | −$0.00 | $0.08 | $0.07 | $0.05 | −$0.00 | $0.07 |
| Weighted average shares, basic | 170 | 170 | 170 | 170 | 167 | 167 | 167 | 167 | 169 | 167 | 168 | 168 |
| Weighted average shares, diluted | 170 | 170 | 171 | 170 | 167 | 167 | 167 | 168 | 169 | 170 | 168 | 170 |
| EBITDA | −8 | 35 | 15 | 22 | 8 | 20 | 8 | 23 | 22 | 18 | 7 | 24 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 4 | 5 |
| EBIT | −11 | 32 | 12 | 19 | 5 | 17 | 4 | 19 | 19 | 16 | 3 | 19 |