Shoals Technologies (SHLS) reported $475M in revenue for fiscal 2025, +19.1% year on year. That ranks #2249 by revenue among 2853 SEC filers and #412 in Technology. Net income was $33.6M, a net margin of 7.1%. Revenue has grown 22.0% a year on average since 2019 ($144M then). The fiscal 2025 balance sheet shows $904M in total assets, $7.3M in cash and $142M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $475M | +19.1% | FY20252025-12-31 |
| Gross profitGrossProfit | $167M | +17.2% | FY20252025-12-31 |
| Operating incomeOperatingIncomeLoss | $56.4M | +10.2% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $33.6M | +39.2% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $17.1M | −78.8% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $33.0M | +293.7% | FY20252025-12-31 |
| Total assetsAssets | $904M | +14.0% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $600M | +7.8% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $7.3M | −68.9% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $142M | −21.0% | FY20242024-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $141M | −$297,000 | Open → |
| Q2 20262026-06-30 | $163M | $12.1M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Profile
- Legal name
- Shoals Technologies Group, Inc.
- Ticker
- SHLS
- Exchange
- Nasdaq
- SIC classification
- Semiconductors & Related Devices (3674)
- Fiscal year end
- 12-31
- CIK
- 0001831651
Filings
- 10-QAug 4, 2026Open filing →
- 10-QMay 5, 2026Open filing →
- 10-KFeb 24, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| PhreesiaPHR | $481M | $2.3M |
| Liquidity ServicesLQDT | $477M | $28.1M |
| Cellebrite DiCLBT | $476M | $78.3M |
| Shoals TechnologiesSHLS | $475M | $33.6M |
| MaxlinearMXL | $468M | −$137M |
| Emerald HoldingEEX | $463M | −$30.7M |
| UxinUXIN | $463M | −$37.5M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Shoals Technologies — Key figures |url=https://companiesranked.com/en/company/shoals-technologies |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Shoals Technologies — Key figures. CompaniesRanked. https://companiesranked.com/en/company/shoals-technologiesBibTeX
@misc{companiesranked-en-company-shoals-technologies-2026,
author = {{CompaniesRanked}},
title = {{Shoals Technologies — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/shoals-technologies}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001831651-26-000021 · February 24, 2026
{{cite web |title=Shoals Technologies — Key figures — 10-K (0001831651-26-000021) |url=https://www.sec.gov/Archives/edgar/data/1831651/000183165126000021/shls-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-24}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.