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Shoals Technologies Group, Inc. SHLS Share-Based Payment - Unrecognized Cost of Nonvested Awards

Share-Based Payment - Unrecognized Cost of Nonvested Awards at other companies

SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$139.95M-29.1%
Enphase Energy logo
Enphase EnergyENPH
$303.1M
Hubbell logo
HubbellHUBB
$22.7M+4.1%

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%
Enterprise value$1.75B+72.4%
P/E51×+5.9×
P/S3.2×+1.0×

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:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized.

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 share-based payment - unrecognized cost of nonvested awards?
Shoals Technologies Group, Inc. (SHLS) reported share-based payment - unrecognized cost of nonvested awards of $23.1M in Q1 2026.
How has Shoals Technologies Group, Inc.'s share-based payment - unrecognized cost of nonvested awards changed year-over-year?
Shoals Technologies Group, Inc.'s share-based payment - unrecognized cost of nonvested awards increased by 17.3% year-over-year, from $19.7M to $23.1M.
What does share-based payment - unrecognized cost of nonvested awards mean?
This represents the total compensation expense for equity-based awards that has been granted but not yet recognized in the income statement because the vesting conditions have not been met. It serves as a forward-looking indicator of future non-cash compensation expenses. Investors use this to forecast the impact of stock-based compensation on future earnings.