What are Shoals Technologies Group, Inc.'s profit margins?

Gross margin is 33.5% and operating margin is 11.2%, with a 6.3% net margin.

Where does Shoals Technologies Group, Inc.'s income statement data come from?

Every line is extracted from Shoals Technologies Group, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Shoals Technologies Group, Inc. SHLS Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$140.56M-5.2%	$148.33M+9.2%	$135.8M+22.5%	$110.84M+37.9%	$80.36M-24.9%
Total cost of revenue	$99.55M-1.8%	$101.41M+18.5%	$85.55M+22.9%	$69.64M+33.4%	$52.22M-21.8%
Gross profit	$41.01M-12.6%	$46.91M-6.6%	$50.25M+22.0%	$41.2M+46.4%	$28.14M-30.0%
Gross margin	29.2%-2.5pp	31.6%-5.4pp	37%-0.2pp	37.2%+2.2pp	35%-2.5pp
General and administrative	$31.01M+13.4%	$27.34M-7.1%	$29.42M+27.6%	$23.06M+6.3%	$21.69M+0.8%
Depreciation and amortization	$2.28M+5.2%	$2.17M+0.4%	$2.16M+0.8%	$2.14M+0.2%	$2.14M-2.1%
Other operating expenses	$33.29M+12.8%	$29.51M-6.6%	$31.58M+25.3%	$25.2M+5.8%	$23.83M+0.5%
Total operating expenses	$33.29M+12.8%	$29.51M-6.6%	$31.58M+25.3%	$25.2M+5.8%	$23.83M+0.5%
Operating income	$7.72M-55.7%	$17.4M-6.8%	$18.67M+16.7%	$16M+271%	$4.31M-73.8%
Operating margin	5.5%-6.2pp	11.7%-2.0pp	13.7%-0.7pp	14.4%+9.1pp	5.4%-10.0pp
Interest expense	$2.9M+15.6%	$2.51M-11.3%	$2.83M+26.7%	$2.24M-7.4%	$2.42M-17.1%
Interest income	$59K-19.2%	$73K+92.1%	$38K-50.0%	$76K-35.6%	$118K0.0%
Other income (expense), net	-$8K—	——	——	——	$0—
Gain (loss) on disposal of assets	-$2K—	——	-$7K-100%	$3.13M—	$0—
Income tax expense	-$89K-102%	$5.54M+38.8%	$3.99M+28.0%	$3.12M+35.7%	$2.3M-60.9%
Net income	-$297K-104%	$8.12M-31.6%	$11.88M-14.3%	$13.86M+5,013%	-$282K-104%
Net margin	-0.2%-5.7pp	5.5%-3.3pp	8.7%-3.8pp	12.5%+12.9pp	-0.4%-7.7pp
Diluted earnings per share	$0.00-100%	$0.05-28.6%	$0.07-12.5%	$0.08—	$0.00-100%
Basic earnings per share	$0.00-100%	$0.05-28.6%	$0.07-12.5%	$0.08—	$0.00-100%
Weighted-average shares, diluted	167.6M-0.5%	168.4M-0.2%	168.8M+0.7%	167.6M+0.4%	167M-1.0%
Weighted-average shares, basic	167.6M+0.2%	167.3M-0.1%	167.4M0.0%	167.3M+0.2%	167M-1.0%
Gain (Loss), Foreign Currency Transaction, before Tax	-$8K—	——	——	——	$0—
Settlement expense	$5.25M—	——	——	——	$0—
Revenue From Contract With Customer Excluding Assessed Tax	$140.56M-5.2%	$148.33M+9.2%	$135.8M+22.5%	$110.84M+37.9%	$80.36M-24.9%
EBIT	$7.72M-55.7%	$17.4M-6.8%	$18.67M+16.7%	$16M+271%	$4.31M-73.8%
EBITDA	$11.82M-44.3%	$21.24M-3.6%	$22.03M+14.0%	$19.33M+154%	$7.6M-61.6%
EBITDA	$11.82M-44.3%	$21.24M-3.6%	$22.03M+14.0%	$19.33M+154%	$7.6M-61.6%
EBITDA margin	8.4%-5.9pp	14.3%-1.9pp	16.2%-1.2pp	17.4%+8.0pp	9.5%-9.0pp
EBIT	$7.72M-55.7%	$17.4M-6.8%	$18.67M+16.7%	$16M+271%	$4.31M-73.8%

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Questions, answered.

What are Shoals Technologies Group, Inc.'s profit margins?: Gross margin is 33.5% and operating margin is 11.2%, with a 6.3% net margin.
Where does Shoals Technologies Group, Inc.'s income statement data come from?: Every line is extracted from Shoals Technologies Group, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.