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Gross margin at other companies

Nextpower Inc.
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Nextpower Inc. NXT
32.6%-1.5pp
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
19.4%+10.6pp
Solaris Energy Infrastructure logo
Solaris Energy InfrastructureSEI
39.4%+2.4pp
AES logo
AESAES
19.3%+1.7pp
Quanta Services logo
Quanta ServicesPWR
15.1%+0.1pp
Enphase Energy logo
Enphase EnergyENPH
44.2%-3.7pp

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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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

Calculated from Shoals Technologies Group, Inc.’s reported figures.

Based on trailing twelve months.

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 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.