Shoals Technologies Group, Inc. Financial Summary

Quick Answer

Shoals Technologies Group, Inc. reported Total Revenue of $475.33 million for fiscal year 2025.

Shoals Technologies Group, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $475.33M
+19.1%
$399.21M
-18.4%
$488.94M
+49.6%
$326.94M
+53.3%
$213.21M
+21.5%
$175.52M
+21.5%
Revenue (ASC 606) $475.33M
+19.1%
$399.21M
-18.4%
$488.94M
+49.6%
$326.94M
+53.3%
$213.21M
+21.5%
$175.52M
+21.5%
Net Income $33.57M
+39.2%
$24.13M
-39.6%
$39.97M
-68.7%
$127.61M
+5334.9%
$2.35M
-93.0%
$33.77M
+34.3%
Diluted EPS $0.20
+42.9%
$0.14
-41.7%
$0.24
-71.8%
$0.85 $0.00
Total Assets $904.10M
+14.0%
$793.08M
-6.0%
$843.99M
+41.9%
$594.89M
+39.5%
$426.41M
+118.3%
$195.31M
Cash and Equivalents $7.32M
-68.9%
$23.51M
+3.5%
$22.71M
+159.0%
$8.77M
+75.1%
$5.01M
-50.3%
$10.07M
Stockholders Equity $599.97M
+7.8%
$556.80M
+2.2%
$545.00M
+87.0%
$291.37M
+11313.0%
$2.55M
+101.4%
-$184.12M
-222.8%
Operating Income $56.38M
+10.2%
$51.17M
-35.3%
$79.03M
+19.2%
$66.33M
+83.1%
$36.23M
-2.8%
$37.28M
+38.4%
Gross Profit $166.51M
+17.2%
$142.02M
-15.6%
$168.30M
+28.2%
$131.31M
+58.9%
$82.64M
+24.2%
$66.55M
+50.5%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $135.80M +32.9% +22.5%
Revenue (ASC 606) September 30, 2025 $135.80M +32.9% +22.5%
Net Income September 30, 2025 $11.88M +4549.1% -14.3%
Diluted EPS September 30, 2025 $0.07 -12.5%
Total Assets September 30, 2025 $851.79M +6.3% +7.1%
Cash and Equivalents September 30, 2025 $8.59M -22.7% +83.3%
Stockholders Equity September 30, 2025 $589.64M +8.2% +2.5%
Operating Income September 30, 2025 $18.67M +312.7% +16.7%
Gross Profit September 30, 2025 $50.25M +98.0% +22.0%
  • Shoals Technologies Group, Inc. reported Total Revenue of $475.33 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +19.1% in Total Revenue compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Revenue (ASC 606) of $475.33 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +19.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Net Income of $33.57 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +39.2% in Net Income compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Diluted EPS of $0.20 per share for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +42.9% in Diluted EPS compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Total Assets of $904.10 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +14.0% in Total Assets compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Cash and Equivalents of $7.32 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed a decrease of -68.9% in Cash and Equivalents compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Stockholders Equity of $599.97 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +7.8% in Stockholders Equity compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Operating Income of $56.38 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +10.2% in Operating Income compared to the prior fiscal year.
  • Shoals Technologies Group, Inc. reported Gross Profit of $166.51 million for fiscal year 2025.
  • Shoals Technologies Group, Inc. showed an increase of +17.2% in Gross Profit compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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