Income Statement - Shoals Technologies Group, Inc. (SHLS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 475.33 | 399.21 | 488.94 | 326.94 | 213.21 | 175.52 | 144.50 | 103.75 |
| Cost of revenue | 308.82 | 257.19 | 320.64 | 195.63 | 130.57 | 108.97 | 100.28 | 75.58 |
| Gross profit | 166.51 | 142.02 | 168.30 | 131.31 | 82.65 | 66.55 | 44.21 | 28.17 |
| Total operating expenses | 110.12 | 90.85 | 89.27 | 64.98 | 46.41 | 29.27 | 17.28 | 17.08 |
| Operating income | 56.39 | 51.17 | 79.04 | 66.33 | 36.23 | 37.28 | 26.93 | 11.09 |
| Non-operating income (net) | -7.87 | -13.31 | -24.10 | 85.67 | -32.20 | -3.51 | -1.79 | -2.44 |
| Income before tax | 48.52 | 37.86 | 54.94 | 152.00 | 4.03 | 33.77 | 25.14 | 8.65 |
| Income tax expense | 14.94 | 13.74 | 12.27 | 8.99 | 0.09 | 3.51 | 1.79 | 8.83 |
| Net income | 33.57 | 24.13 | 39.97 | 127.61 | 2.35 | 33.77 | 25.14 | 8.65 |
Show Quarterly Income Statement
Income Statement - Shoals Technologies Group, Inc. (SHLS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 140.56 | 148.33 | 135.80 | 110.84 | 80.36 | 106.99 | 102.17 | 99.25 | 90.81 | 130.44 | 134.21 | 119.21 | 105.09 | 94.65 | 90.82 | 73.49 | 67.98 | 48.05 | 59.84 | 59.72 | 45.60 | 38.75 | 52.60 | 43.43 | 40.74 | 37.88 |
| Cost of revenue | 99.55 | 101.41 | 85.55 | 69.64 | 52.22 | 66.80 | 76.79 | 59.25 | 54.35 | 75.06 | 120.06 | 68.69 | 56.83 | 54.27 | 54.78 | 44.90 | 41.68 | 32.12 | 38.07 | 33.54 | 26.83 | 23.91 | 31.91 | 26.60 | 26.55 | 25.41 |
| Gross profit | 41.01 | 46.91 | 50.25 | 41.20 | 28.14 | 40.18 | 25.38 | 40.00 | 36.46 | 55.38 | 14.15 | 50.52 | 48.26 | 40.38 | 36.05 | 28.59 | 26.29 | 15.92 | 21.77 | 26.18 | 18.77 | 14.84 | 20.69 | 16.83 | 14.19 | 12.47 |
| Total operating expenses | 33.29 | 29.51 | 31.58 | 25.20 | 23.83 | 23.70 | 20.85 | 21.42 | 24.88 | 23.51 | 24.72 | 18.88 | 22.16 | 17.01 | 16.08 | 15.61 | 16.29 | 13.24 | 12.21 | 12.08 | 8.88 | 7.69 | 5.58 | 11.38 | 4.62 | 4.33 |
| Operating income | 7.72 | 17.40 | 18.67 | 16.00 | 4.31 | 16.48 | 4.52 | 18.58 | 11.58 | 31.87 | -10.57 | 31.64 | 26.10 | 23.37 | 19.97 | 12.98 | 10.01 | 2.68 | 9.56 | 14.10 | 9.89 | 7.16 | 15.11 | 5.45 | 9.57 | 8.14 |
| Non-operating income (net) | -8.10 | -3.74 | -2.80 | 0.97 | -2.30 | -2.80 | -3.09 | -3.06 | -4.36 | -5.70 | -5.90 | -6.51 | -6.00 | 98.43 | -4.75 | -4.17 | -3.84 | -1.62 | -5.60 | -5.28 | -19.70 | -2.91 | -0.10 | -0.23 | -0.27 | -0.31 |
| Income before tax | -0.39 | 13.66 | 15.87 | 16.97 | 2.02 | 13.69 | 1.44 | 15.52 | 7.22 | 26.17 | -16.47 | 25.13 | 20.10 | 121.80 | 15.21 | 8.81 | 6.17 | 1.06 | 3.97 | 8.82 | -9.81 | 4.25 | 15.00 | 5.22 | 9.30 | 7.84 |
| Income tax expense | -0.09 | 5.54 | 3.99 | 3.12 | 2.30 | 5.87 | -1.70 | 3.72 | 2.45 | 9.59 | -6.64 | 6.21 | 3.12 | 3.50 | 2.45 | 1.51 | 1.52 | 3.21 | -1.31 | -0.34 | -1.48 | |||||
| Net income | -0.30 | 8.12 | 11.88 | 13.86 | -0.28 | 7.82 | 3.14 | 11.80 | 4.77 | 16.58 | -9.83 | 18.92 | 14.30 | 112.61 | 7.96 | 4.40 | 2.64 | -1.84 | 2.49 | 4.56 | -2.86 | 4.25 | 15.00 | 5.22 | 9.30 | 7.84 |