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Total debt at other companies

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Array Technologies, Inc.ARRY
$752.89M+8.5%
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SolarEdge TechnologiesSEDG
$61.55M-85.2%
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Solaris Energy InfrastructureSEI
$1.63B+5,441%
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SunrunRUN
$72.79M-28.6%
Quanta Services logo
Quanta ServicesPWR
$6.64B+28.9%
FTC Solar logo
FTC SolarFTCI
$24.27M+105%

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 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+87.2%
Enterprise value$1.48B+64.8%
P/E43.1×+6.5×
P/S2.7×+0.8×

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

Computed from long term debt + current portion long term debt + short term borrowings + operating lease liabilities + finance lease liabilities + financing obligations: $37.8M.

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

Filed
May 5, 2026, 7:48 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001831651-26-000083

FAQ

What is Shoals Technologies Group, Inc.'s total debt?
Shoals Technologies Group, Inc. (SHLS) reported total debt of $37.8M in Q1 2026.
How has Shoals Technologies Group, Inc.'s total debt changed year-over-year?
Shoals Technologies Group, Inc.'s total debt decreased by 73.3% year-over-year, from $141.75M to $37.8M.
What is the long-term trend for Shoals Technologies Group, Inc.'s total debt?
Over 5 years (2020 to 2025), Shoals Technologies Group, Inc.'s total debt has grown at a -34.9% compound annual growth rate (CAGR), from $358.83M to $41.88M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.

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