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+37.8%	$475.33M+19.1%	$433.99M+2.7%	$400.35M-12.0%	$388.76M-18.1%
Total cost of revenue	$356.15M+39.6%	$308.82M+20.1%	$274.22M+3.3%	$265.45M-14.0%	$255.07M-19.8%
Gross profit	$179.38M+34.2%	$166.51M+17.2%	$159.78M+1.6%	$134.9M-7.6%	$133.7M-14.6%
Gross margin	33.5%-0.9pp	35%-0.5pp	36.8%-0.4pp	33.7%+1.6pp	34.4%+1.4pp
General and administrative	$110.85M+36.6%	$101.52M+23.4%	$95.7M+16.4%	$85.02M-1.1%	$81.18M-2.8%
Total operating expenses	$119.59M+33.2%	$110.12M+21.2%	$104.31M+15.1%	$93.59M-1.0%	$89.8M-2.4%
Operating income	$59.79M+36.2%	$56.39M+10.2%	$55.46M-16.7%	$41.32M-19.7%	$43.9M-32.0%
Operating margin	11.2%-0.1pp	11.9%-1.0pp	12.8%-3.0pp	10.3%-1.0pp	11.3%-2.3pp
Interest expense	$10.48M-10.9%	$9.99M-27.7%	$10.4M-37.4%	$10.74M-44.5%	$11.77M-47.9%
Other income (expense), net	——	——	——	——	$0—
Income tax expense	$12.56M-7.6%	$14.94M+8.8%	$15.27M-12.5%	$12.99M+42.5%	$13.59M+17.1%
Net income	$33.56M+76.0%	$33.57M+39.2%	$33.27M+1.2%	$21.12M-9.5%	$19.07M-37.4%
Net margin	6.3%+1.4pp	7.1%+1.0pp	7.7%-0.1pp	5.3%+0.1pp	4.9%-1.5pp
Diluted earnings per share	$0.20+81.8%	$0.20+42.9%	$0.19-5.0%	$0.12-14.3%	$0.11-38.9%
EBITDA	$74.42M+31.0%	$70.2M+10.0%	$68.74M-12.6%	$54.38M-13.8%	$56.81M-24.8%
EBITDA margin	13.9%-0.7pp	14.8%-1.2pp	15.8%-2.8pp	13.6%-0.3pp	14.6%-1.3pp
EBIT	$59.79M+36.2%	$56.39M+10.2%	$55.46M-16.7%	$41.32M-19.7%	$43.9M-32.0%

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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.