Skip to content

Shoals Technologies Group, Inc. SHLS Increase (Decrease) In Product Warranty Accrual

Increase (Decrease) In Product Warranty Accrual at other companies

SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$18.03M+15.7%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$6.63M-396%
Curtiss-Wright logo
Curtiss-WrightCW
$14.86M+11.1%
Otis Worldwide logo
Otis WorldwideOTIS
$9M-40.0%
Itron logo
ItronITRI
$2.08M+761%
Garmin logo
GarminGRMN
$70.93M+16.0%

Other financials

Income statement

See full
Revenue$140.6M+74.9%
Gross profit$41.0M+45.7%
Operating income$7.7M+79.0%
Net income-$297.0K-5.3%
EPS (diluted)$0.00

Balance sheet

See full
Cash & equivalents$1.9M-94.7%
Total debt$37.8M-73.3%
Total equity$601.6M+7.6%
Total assets$1.0B+30.8%

Cash flow

See full
Operating cash flow-$41.4M-366%
CapEx$7.6M+138%
Free cash flow-$49.1M-498%

Valuation

See full
Market cap$1.72B+98.9%
Enterprise value$1.76B+72.4%
P/E51.4×+5.9×
P/S3.2×+1.0×

Profitability

See full
Gross margin33.5%-0.9pp
Operating margin11.2%-0.1pp
Net margin6.3%+1.4pp
FCF margin3%-17.7pp

Returns & leverage

See full
Return on equity5.8%+2.4pp
Debt / equity0.1×-0.2×
Current ratio1.8×-0.5×

Where this comes from

Reported directly by Shoals Technologies Group, Inc. in its filing.

Tagged under the XBRL concept shls:IncreaseDecreaseInProductWarrantyAccrual.

The official record: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Shoals Technologies Group, Inc.'s increase (decrease) in product warranty accrual.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Shoals Technologies Group, Inc.'s increase (decrease) in product warranty accrual?
Shoals Technologies Group, Inc. (SHLS) reported increase (decrease) in product warranty accrual of $2.5M in Q1 2026.
How has Shoals Technologies Group, Inc.'s increase (decrease) in product warranty accrual changed year-over-year?
Shoals Technologies Group, Inc.'s increase (decrease) in product warranty accrual decreased by 74.6% year-over-year, from $9.84M to $2.5M.
What does increase (decrease) in product warranty accrual mean?
This metric tracks the net change in the balance of accrued warranty liabilities during the reporting period. It highlights the difference between the actual costs incurred to fulfill warranty claims and the provisions set aside for future obligations.