How has Shoals Technologies Group, Inc.'s change in inventories changed year-over-year?

Shoals Technologies Group, Inc.'s change in inventories increased by 1178.1% year-over-year, from $5.45M to $69.63M.

What does change in inventories mean?

Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.

Shoals Technologies Group, Inc. SHLS Change in Inventories

Change in Inventories at other companies

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$38.34M+412%

Solaris Energy InfrastructureSEI

$3.52M+2,045%

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-$30.9M-351%

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$38M+35.7%

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$76.75M+2,673%

Other financials

Income statement

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Revenue$140.6M+74.9%

Gross profit$41.0M+45.7%

Operating income$7.7M+79.0%

Net income-$297.0K-5.3%

EPS (diluted)$0.00—

Balance sheet

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Cash & equivalents$1.9M-94.7%

Total debt$37.8M-73.3%

Total equity$601.6M+7.6%

Total assets$1.0B+30.8%

Cash flow

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Operating cash flow-$41.4M-366%

CapEx$7.6M+138%

Free cash flow-$49.1M-498%

Valuation

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Market cap$1.72B+98.9%

Enterprise value$1.76B+72.4%

P/E51.4×+5.9×

P/S3.2×+1.0×

Profitability

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Gross margin33.5%-0.9pp

Operating margin11.2%-0.1pp

Net margin6.3%+1.4pp

FCF margin3%-17.7pp

Returns & leverage

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Return on equity5.8%+2.4pp

Debt / equity0.1×-0.2×

Current ratio1.8×-0.5×

Where this comes from

Reported directly by Shoals Technologies Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shoals Technologies Group, Inc.'s change in inventories?: Shoals Technologies Group, Inc. (SHLS) reported change in inventories of $69.63M in Q1 2026.
How has Shoals Technologies Group, Inc.'s change in inventories changed year-over-year?: Shoals Technologies Group, Inc.'s change in inventories increased by 1178.1% year-over-year, from $5.45M to $69.63M.
What does change in inventories mean?: Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.