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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$1.5B+101%
Enterprise value$1.54B+76.2%
P/E44.8×+9.4×
P/S2.8×+0.9×

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:TreasuryStockCommonValue.

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

Filed
May 5, 2026, 7:48 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001831651-26-000083
Line itemMarch 31,2026December 31, 2025
Stockholders’ Equity
Preferred stock, $0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of March 31, 2026 and December 31, 2025
Class A common stock, $0.00001 par value - 1,000,000,000 shares authorized; 171,680,204 and 171,358,711 shares issued; 167,771,817 and 167,450,324 outstanding as of March 31, 2026 and December 31, 2025, respectively22
Additional paid-in capital495,060493,090
Treasury stock, at cost, 3,908,387 shares as of March 31, 2026 and December 31, 2025, respectively(25,272)(25,272)
Retained earnings131,856132,153
Total Stockholders' Equity601,646599,973
Total Liabilities and Stockholders’ Equity$1,030,895$904,101

Item 1. Financial Statements (Unaudited).

FAQ

What is Shoals Technologies Group, Inc.'s treasury stock?
Shoals Technologies Group, Inc. (SHLS) reported treasury stock of $25.27M in Q1 2026.
How has Shoals Technologies Group, Inc.'s treasury stock changed year-over-year?
Shoals Technologies Group, Inc.'s treasury stock decreased by 0.2% year-over-year, from $25.33M to $25.27M.
What does treasury stock mean?
Shares repurchased by the company and held in treasury, reducing equity. Recorded at cost and presented as a negative equity component.

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