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Shoals Technologies Group, Inc. SHLS Total Liabilities & Equity

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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$1.72B+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:LiabilitiesAndStockholdersEquity.

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 total liabilities & equity?
Shoals Technologies Group, Inc. (SHLS) reported total liabilities & equity of $1.03B in Q1 2026.
How has Shoals Technologies Group, Inc.'s total liabilities & equity changed year-over-year?
Shoals Technologies Group, Inc.'s total liabilities & equity increased by 30.8% year-over-year, from $788.42M to $1.03B.
What is the long-term trend for Shoals Technologies Group, Inc.'s total liabilities & equity?
Over 5 years (2020 to 2025), Shoals Technologies Group, Inc.'s total liabilities & equity has grown at a 35.9% compound annual growth rate (CAGR), from $195.31M to $904.1M.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.