Shoals Technologies Group, Inc. Revenue (ASC 606)

Quick Answer

Shoals Technologies Group, Inc. reported Revenue (ASC 606) of $475.33 million for fiscal year 2025.

Shoals Technologies Group, Inc. Revenue (ASC 606) — Annual History

Fiscal Year Revenue (ASC 606) YoY Change
2025 $475.33M +19.1%
2024 $399.21M -18.4%
2023 $488.94M +49.6%
2022 $326.94M +53.3%
2021 $213.21M +21.5%
2020 $175.52M +21.5%
2019 $144.50M

Quarterly Revenue (ASC 606)

Quarter Ending Revenue (ASC 606) YoY QoQ
September 30, 2025 $135.80M +32.9% +22.5%
June 30, 2025 $110.84M +11.7% +37.9%
March 31, 2025 $80.36M -11.5% -21.3%
September 30, 2024 $102.17M -23.9% +2.9%
June 30, 2024 $99.25M -16.7% +9.3%
March 31, 2024 $90.81M -13.6% -32.3%
September 30, 2023 $134.21M +47.8% +12.6%
June 30, 2023 $119.21M +62.2% +13.4%
  • Shoals Technologies Group, Inc. showed an increase of +19.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • Over the 2019–2025 period, Shoals Technologies Group, Inc.’s revenue (asc 606) has grown by 229.0% (from $144.50 million to $475.33 million).
  • The most recent figure is from Shoals Technologies Group, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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