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Shoals Technologies Group, Inc. SHLS Business Segments — 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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — revenue?
Shoals Technologies Group, Inc. (SHLS) reported business segments — revenue of $140.56M in Q1 2026.
How has Shoals Technologies Group, Inc.'s business segments — revenue changed year-over-year?
Shoals Technologies Group, Inc.'s business segments — revenue increased by 74.9% year-over-year, from $80.36M to $140.56M.
What is the long-term trend for Shoals Technologies Group, Inc.'s business segments — revenue?
Over 3 years (2022 to 2025), Shoals Technologies Group, Inc.'s business segments — revenue has grown at a 13.3% compound annual growth rate (CAGR), from $326.94M to $475.33M.
What does business segments — revenue mean?
This represents the total gross income generated from the sale of electrical balance of system products and solutions within the primary business segment. It reflects the company's market demand and ability to capture revenue from solar energy infrastructure projects.