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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$475.33M+19.1%	$399.21M-18.4%	$488.94M+49.6%	$326.94M+53.3%
Total cost of revenue	$308.82M+20.1%	$257.19M-19.8%	$320.64M+63.9%	$195.63M+49.8%
Gross profit	$166.51M+17.2%	$142.02M-15.6%	$168.3M+28.2%	$131.31M+58.9%
Gross margin	35%-0.5pp	35.6%+1.2pp	34.4%-5.7pp	40.2%+1.4pp
General and administrative	$101.52M+23.4%	$82.25M+1.9%	$80.72M+44.4%	$55.91M+47.5%
Total operating expenses	$110.12M+21.2%	$90.85M+1.8%	$89.27M+37.4%	$64.98M+40.0%
Operating income	$56.39M+10.2%	$51.17M-35.3%	$79.04M+19.2%	$66.33M+83.1%
Operating margin	11.9%-1.0pp	12.8%-3.3pp	16.2%-4.1pp	20.3%+3.3pp
Interest expense	$9.99M-27.7%	$13.83M-42.6%	$24.1M+30.0%	$18.54M+27.4%
Other income (expense), net	——	$0—	$0—	——
Income tax expense	$14.94M+8.8%	$13.74M+11.9%	$12.27M+36.6%	$8.99M+10,350%
Net income	$33.57M+39.2%	$24.13M-39.6%	$39.97M-68.7%	$127.61M+2,240%
Net margin	7.1%+1.0pp	6%-2.1pp	8.2%-30.9pp	39%+36.5pp
Diluted earnings per share	$0.20+42.9%	$0.14-44.0%	$0.25-70.6%	$0.85+8,400%
EBITDA	$70.2M+10.0%	$63.8M-28.8%	$89.56M+16.6%	$76.84M+66.0%
EBITDA margin	14.8%-1.2pp	16%-2.3pp	18.3%-5.2pp	23.5%+1.8pp
EBIT	$56.39M+10.2%	$51.17M-35.3%	$79.04M+19.2%	$66.33M+83.1%

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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.