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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$535.53M+12.7%	$475.33M+9.5%	$433.99M+8.4%	$400.35M+3.0%	$388.76M-2.6%
Total cost of revenue	$356.15M+15.3%	$308.82M+12.6%	$274.22M+3.3%	$265.45M+4.1%	$255.07M-0.8%
Gross profit	$179.38M+7.7%	$166.51M+4.2%	$159.78M+18.4%	$134.9M+0.9%	$133.7M-5.9%
Gross margin	33.5%-1.5pp	35%-1.8pp	36.8%+3.1pp	33.7%-0.7pp	34.4%-1.2pp
General and administrative	$110.85M+9.2%	$101.52M+6.1%	$95.7M+12.6%	$85.02M+4.7%	$81.18M-1.3%
Total operating expenses	$119.59M+8.6%	$110.12M+5.6%	$104.31M+11.5%	$93.59M+4.2%	$89.8M-1.2%
Operating income	$59.79M+6.0%	$56.39M+1.7%	$55.46M+34.2%	$41.32M-5.9%	$43.9M-14.2%
Operating margin	11.2%-0.7pp	11.9%-0.9pp	12.8%+2.5pp	10.3%-1.0pp	11.3%-1.5pp
Interest expense	$10.48M+4.9%	$9.99M-3.9%	$10.4M-3.2%	$10.74M-8.7%	$11.77M-14.9%
Other income (expense), net	——	——	——	——	$0—
Income tax expense	$12.56M-16.0%	$14.94M-2.2%	$15.27M+17.6%	$12.99M-4.4%	$13.59M-1.1%
Net income	$33.56M0.0%	$33.57M+0.9%	$33.27M+57.5%	$21.12M+10.8%	$19.07M-21.0%
Net margin	6.3%-0.8pp	7.1%-0.6pp	7.7%+2.4pp	5.3%+0.4pp	4.9%-1.1pp
Diluted earnings per share	$0.200.0%	$0.20+5.3%	$0.19+58.3%	$0.12+9.1%	$0.11-21.4%
EBITDA	$74.42M+6.0%	$70.2M+2.1%	$68.74M+26.4%	$54.38M-4.3%	$56.81M-11.0%
EBITDA margin	13.9%-0.9pp	14.8%-1.1pp	15.8%+2.3pp	13.6%-1.0pp	14.6%-1.4pp
EBIT	$59.79M+6.0%	$56.39M+1.7%	$55.46M+34.2%	$41.32M-5.9%	$43.9M-14.2%

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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.