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Provision for warranty at other companies

Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$527K+105%
Enphase Energy logo
Enphase EnergyENPH
-$9.84M-193%
Lucid Group, Inc. logo
Lucid Group, Inc.LCID
$19.11M+55.2%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$500K+66.7%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$8.11M-52.6%
Bloom Energy logo
Bloom EnergyBE
$18.35M+392%

Segments

By product

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Products Without Service$300K
Wire Harness$0

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$1.71B+98.9%

Profitability

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

Returns & leverage

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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 us-gaap:ProductWarrantyExpense.

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

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Questions, answered.

What is Shoals Technologies Group, Inc.'s provision for warranty?
Shoals Technologies Group, Inc. (SHLS) reported provision for warranty of $527K in Q1 2026.
How has Shoals Technologies Group, Inc.'s provision for warranty changed year-over-year?
Shoals Technologies Group, Inc.'s provision for warranty increased by 105.1% year-over-year, from $257K to $527K.
What is the long-term trend for Shoals Technologies Group, Inc.'s provision for warranty?
Over 2 years (2021 to 2024), Shoals Technologies Group, Inc.'s provision for warranty has grown at a 1491.8% compound annual growth rate (CAGR), from $60K to $15.2M.
What does provision for warranty mean?
This represents the estimated cost recognized in the period to cover future warranty obligations for products sold. It reflects management's assessment of product quality and the expected long-term service liability associated with current sales.