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Shoals Technologies Group, Inc. SHLS Accumulated Depreciation

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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:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

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 accumulated depreciation?
Shoals Technologies Group, Inc. (SHLS) reported accumulated depreciation of $19.6M in Q1 2026.
How has Shoals Technologies Group, Inc.'s accumulated depreciation changed year-over-year?
Shoals Technologies Group, Inc.'s accumulated depreciation increased by 37.2% year-over-year, from $14.28M to $19.6M.
What is the long-term trend for Shoals Technologies Group, Inc.'s accumulated depreciation?
Over 5 years (2020 to 2025), Shoals Technologies Group, Inc.'s accumulated depreciation has grown at a 33.9% compound annual growth rate (CAGR), from $4.07M to $17.49M.
What does accumulated depreciation mean?
Total accumulated depreciation on property, plant, and equipment since acquisition — represents the consumed portion of asset useful lives.