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+74.9%	$148.33M+38.6%	$135.8M+32.9%	$110.84M+11.7%	$80.36M-11.5%
Total cost of revenue	$99.55M+90.6%	$101.41M+51.8%	$85.55M+11.4%	$69.64M+17.5%	$52.22M-3.9%
Gross profit	$41.01M+45.7%	$46.91M+16.7%	$50.25M+98.0%	$41.2M+3.0%	$28.14M-22.8%
Gross margin	29.2%-5.8pp	31.6%-5.9pp	37%+12.2pp	37.2%-3.1pp	35%-5.1pp
General and administrative	$31.01M+43.0%	$27.34M+27.1%	$29.42M+57.0%	$23.06M+20.0%	$21.69M-4.7%
Depreciation and amortization	$2.28M+6.7%	$2.17M-0.6%	$2.16M+2.3%	$2.14M-2.6%	$2.14M+1.5%
Other operating expenses	$33.29M+39.7%	$29.51M+24.5%	$31.58M+51.5%	$25.2M+17.7%	$23.83M-4.2%
Total operating expenses	$33.29M+39.7%	$29.51M+24.5%	$31.58M+51.5%	$25.2M+17.7%	$23.83M-4.2%
Operating income	$7.72M+79.0%	$17.4M+5.6%	$18.67M+313%	$16M-13.9%	$4.31M-62.8%
Operating margin	5.5%+0.1pp	11.7%-3.7pp	13.7%+9.3pp	14.4%-4.3pp	5.4%-7.4pp
Interest expense	$2.9M+20.2%	$2.51M-13.8%	$2.83M-10.7%	$2.24M-31.5%	$2.42M-46.0%
Interest income	$59K-50.0%	$73K-38.1%	$38K-55.3%	$76K-62.4%	$118K+4.4%
Other income (expense), net	-$8K—	——	——	——	$0—
Gain (loss) on disposal of assets	-$2K—	——	-$7K—	$3.13M—	$0—
Income tax expense	-$89K-104%	$5.54M-5.6%	$3.99M+134%	$3.12M-16.1%	$2.3M-6.2%
Net income	-$297K-5.3%	$8.12M+3.9%	$11.88M+4,549%	$13.86M+17.4%	-$282K-106%
Net margin	-0.2%+0.1pp	5.5%-1.8pp	8.7%+9.0pp	12.5%+0.6pp	-0.4%-5.6pp
Diluted earnings per share	$0.00—	$0.05+25.0%	$0.07—	$0.08+14.3%	$0.00-100%
Basic earnings per share	$0.00—	$0.05+25.0%	$0.07—	$0.08+14.3%	$0.00-100%
Weighted-average shares, diluted	167.6M+0.4%	168.4M-0.2%	168.8M+0.8%	167.6M-1.5%	167M-2.1%
Weighted-average shares, basic	167.6M+0.4%	167.3M-0.8%	167.4M0.0%	167.3M-1.6%	167M-2.0%
Gain (Loss), Foreign Currency Transaction, before Tax	-$8K—	——	——	——	$0—
Settlement expense	$5.25M—	——	——	——	$0—
Revenue From Contract With Customer Excluding Assessed Tax	$140.56M+74.9%	$148.33M+38.6%	$135.8M+32.9%	$110.84M+11.7%	$80.36M-11.5%
EBIT	$7.72M+79.0%	$17.4M+5.6%	$18.67M+313%	$16M-13.9%	$4.31M-62.8%
EBITDA	$11.82M+55.5%	$21.24M+7.4%	$22.03M+187%	$19.33M-11.2%	$7.6M-47.9%
EBITDA	$11.82M+55.5%	$21.24M+7.4%	$22.03M+187%	$19.33M-11.2%	$7.6M-47.9%
EBITDA margin	8.4%-1.0pp	14.3%-4.2pp	16.2%+8.7pp	17.4%-4.5pp	9.5%-6.6pp
EBIT	$7.72M+79.0%	$17.4M+5.6%	$18.67M+313%	$16M-13.9%	$4.31M-62.8%

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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.