What is Shoals Technologies Group, Inc.'s D&A?

Shoals Technologies Group, Inc. (SHLS) reported D&A of $4.1M in Q1 2026.

How has Shoals Technologies Group, Inc.'s D&A changed year-over-year?

Shoals Technologies Group, Inc.'s D&A increased by 24.8% year-over-year, from $3.29M to $4.1M.

What is the long-term trend for Shoals Technologies Group, Inc.'s D&A?

Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s D&A has grown at a 8.3% compound annual growth rate (CAGR), from $10.05M to $13.82M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Shoals Technologies Group, Inc. SHLS D&A

D&A at other companies

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$9.02M+76.5%

SolarEdge TechnologiesSEDG

$5.94M-50.5%

Solaris Energy InfrastructureSEI

$24.76M+23.4%

SunrunRUN

$189.56M+11.6%

AESAES

$433M+28.5%

Enphase EnergyENPH

$20.82M+4.5%

Segments

By segment

See full

EBOS Solutions and Components$2.28M+6.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$41.4M-366%

CapEx$7.6M+138%

Free cash flow-$49.1M-498%

Valuation

See full

Market cap$1.72B+98.9%

Enterprise value$1.76B+72.4%

P/E51.4×+5.9×

P/S3.2×+1.0×

Profitability

See full

Gross margin33.5%-0.9pp

Operating margin11.2%-0.1pp

Net margin6.3%+1.4pp

FCF margin3%-17.7pp

Returns & leverage

See full

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:DepreciationDepletionAndAmortization.

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 D&A?: Shoals Technologies Group, Inc. (SHLS) reported D&A of $4.1M in Q1 2026.
How has Shoals Technologies Group, Inc.'s D&A changed year-over-year?: Shoals Technologies Group, Inc.'s D&A increased by 24.8% year-over-year, from $3.29M to $4.1M.
What is the long-term trend for Shoals Technologies Group, Inc.'s D&A?: Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s D&A has grown at a 8.3% compound annual growth rate (CAGR), from $10.05M to $13.82M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.