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Shoals Technologies Group, Inc. SHLS Business Segments — Cost of revenue

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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:CostOfRevenue.

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 business segments — cost of revenue?
Shoals Technologies Group, Inc. (SHLS) reported business segments — cost of revenue of $99.55M in Q1 2026.
How has Shoals Technologies Group, Inc.'s business segments — cost of revenue changed year-over-year?
Shoals Technologies Group, Inc.'s business segments — cost of revenue increased by 90.6% year-over-year, from $52.22M to $99.55M.
What is the long-term trend for Shoals Technologies Group, Inc.'s business segments — cost of revenue?
Over 3 years (2022 to 2025), Shoals Technologies Group, Inc.'s business segments — cost of revenue has grown at a 16.4% compound annual growth rate (CAGR), from $195.63M to $308.82M.
What does business segments — cost of revenue mean?
This includes the direct costs attributable to the production and delivery of electrical balance of system components, such as raw materials, direct labor, and manufacturing overhead. Monitoring this metric is essential for assessing production efficiency and the impact of supply chain costs on segment margins.