Shoals Technologies Group, Inc. SHLS Gross margin

Gross margin at other companies

Array Technologies, Inc.ARRY

24.3%-3.9pp

Nextpower Inc.NXT

32.6%-1.5pp

SolarEdge TechnologiesSEDG

23.3%+13.1pp

Solaris Energy InfrastructureSEI

39.4%+2.4pp

Quanta ServicesPWR

15.5%+0.4pp

FTC SolarFTCI

-12%-1.5pp

FAQ

What is Shoals Technologies Group, Inc.'s gross margin?

Shoals Technologies Group, Inc. (SHLS) reported gross margin of 33.5% in Q1 2026.

How has Shoals Technologies Group, Inc.'s gross margin changed year-over-year?

Shoals Technologies Group, Inc.'s gross margin decreased by 2.6% year-over-year, from 34.4% to 33.5%.

What is the long-term trend for Shoals Technologies Group, Inc.'s gross margin?

Over 5 years (2020 to 2025), Shoals Technologies Group, Inc.'s gross margin has grown at a -1.6% compound annual growth rate (CAGR), from 37.9% to 35%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.