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Shoals Technologies Group, Inc. SHLS Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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Segments

By product

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Wire Harness$39.9M
Products Without Service$1.1M

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$1.72B+98.9%
Enterprise value$1.76B+72.4%
P/E51.4×+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:ProductWarrantyAccrual.

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 standard product warranty accrual?
Shoals Technologies Group, Inc. (SHLS) reported standard product warranty accrual of $1.64M in Q1 2026.
How has Shoals Technologies Group, Inc.'s standard product warranty accrual changed year-over-year?
Shoals Technologies Group, Inc.'s standard product warranty accrual decreased by 94.8% year-over-year, from $31.41M to $1.64M.
What is the long-term trend for Shoals Technologies Group, Inc.'s standard product warranty accrual?
Over 4 years (2021 to 2025), Shoals Technologies Group, Inc.'s standard product warranty accrual has grown at a 178.4% compound annual growth rate (CAGR), from $60K to $3.61M.
What does standard product warranty accrual mean?
This represents the estimated liability for future costs associated with repairing or replacing products under standard warranty terms. It reflects the company's historical experience with product reliability and the anticipated financial obligation to fulfill service commitments to customers. Monitoring this balance helps investors assess potential quality control issues and the long-term cost of product support.