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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$1.45B+101%
Enterprise value$1.48B+76.2%
P/E43.1×+9.1×
P/S2.7×+0.9×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Shoals Technologies Group, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 7:48 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001831651-26-000083
Line itemThree Months Ended March 31, 20262025
System solutions$110,817$57,394
Components29,74022,967
Total revenue$140,557$80,361

Item 1. Financial Statements (Unaudited).

FAQ

What is Shoals Technologies Group, Inc.'s components — revenue?
Shoals Technologies Group, Inc. (SHLS) reported components — revenue of $29.74M in Q1 2026.
How has Shoals Technologies Group, Inc.'s components — revenue changed year-over-year?
Shoals Technologies Group, Inc.'s components — revenue increased by 29.5% year-over-year, from $22.97M to $29.74M.
What is the long-term trend for Shoals Technologies Group, Inc.'s components — revenue?
Over 3 years (2022 to 2025), Shoals Technologies Group, Inc.'s components — revenue has grown at a 11.7% compound annual growth rate (CAGR), from $72.53M to $101.12M.
What does components — revenue mean?
This metric represents the total gross sales generated from the sale of electrical balance of system components used in solar energy infrastructure. It reflects the demand for specialized hardware required to transmit electric current from solar panels to inverters within utility-scale and commercial projects. Tracking this revenue stream provides insight into the company's market penetration and growth within the solar hardware supply chain.

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