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Shoals Technologies Group, Inc.

SHLS · XNAS

CIK 1831651fmd_0D534108VPV26CY9TCEG99QH8PManufacturing · Semiconductors & Related DevicesTemplate: Standard

Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods

Latest annual · FY2025

Millions
Total revenues
475
Gross profit
167
Operating income
56
Net income
34
Free cash flow
(16)

Latest quarter · Q3 FY2026

Millions
Total revenues
195
Gross profit
62
Operating income
29
Net income
18
Free cash flow
26

Daily close · SHLSIEX trades only

Nov 13, 2025 to Nov 11, 2026 · 250 sessions

8.81 USD

468101214Nov 13, 2025May 14, 2026Nov 11, 2026Vol

Built from trades executed at IEX only, one exchange with a small share of US volume. This is not the consolidated tape. The close is the last IEX trade of the session, not the official closing price. Earlier sessions are divided by the later split ratios the API confirmed against IEX prices; dividends are not adjusted. Switch to As traded for the prices as they printed. End of day, not real time: a session is published the day after it trades.

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Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2022 to FY2025
+13.3%
Revenue, 5 yearsFY2020 to FY2025
+22.0%
Net income, 5 yearsFY2020 to FY2025
-0.1%

Shoals Technologies Group, Inc. (SHLS) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
Revenue$475.3 million$399.2 million+19.1%10-K 2026-02-24 · proof
Gross profit$166.5 million$142 million+17.2%10-K 2026-02-24 · proof
Operating income$56.4 million$51.2 million+10.2%10-K 2026-02-24 · proof
Net income$33.6 million$24.1 million+39.2%10-K 2026-02-24 · proof
Cash from operating activities$17.1 million$80.4 million-78.8%10-K 2026-02-24 · proof
Free cash flow-$16 million$72 million-122.2%10-K 2026-02-24 · proof
Total assets$904.1 million$793.1 million+14%10-K 2026-02-24 · proof
Total liabilities$304.1 million$236.3 million+28.7%10-K 2026-02-24 · proof
Cash and cash equivalents$7.3 million$23.5 million-68.9%10-K 2026-02-24 · proof
What was Shoals Technologies Group, Inc. (SHLS)'s revenue in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported revenue of $475.3 million for fiscal 2025 (the year ended Dec 31, 2025), against $399.2 million the year before (+19.1%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What was Shoals Technologies Group, Inc. (SHLS)'s gross profit in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported gross profit of $166.5 million for fiscal 2025 (the year ended Dec 31, 2025), against $142 million the year before (+17.2%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What was Shoals Technologies Group, Inc. (SHLS)'s operating income in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported operating income of $56.4 million for fiscal 2025 (the year ended Dec 31, 2025), against $51.2 million the year before (+10.2%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What was Shoals Technologies Group, Inc. (SHLS)'s net income in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported net income of $33.6 million for fiscal 2025 (the year ended Dec 31, 2025), against $24.1 million the year before (+39.2%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What was Shoals Technologies Group, Inc. (SHLS)'s cash from operating activities in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported cash from operating activities of $17.1 million for fiscal 2025 (the year ended Dec 31, 2025), against $80.4 million the year before (-78.8%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What was Shoals Technologies Group, Inc. (SHLS)'s free cash flow in fiscal 2025?
Shoals Technologies Group, Inc. (SHLS) reported free cash flow of -$16 million for fiscal 2025 (the year ended Dec 31, 2025), against $72 million the year before (-122.2%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What are Shoals Technologies Group, Inc. (SHLS)'s total assets?
As of Dec 31, 2025, Shoals Technologies Group, Inc. (SHLS) reported total assets of $904.1 million, against $793.1 million a year earlier (+14%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What are Shoals Technologies Group, Inc. (SHLS)'s total liabilities?
As of Dec 31, 2025, Shoals Technologies Group, Inc. (SHLS) reported total liabilities of $304.1 million, against $236.3 million a year earlier (+28.7%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC
What are Shoals Technologies Group, Inc. (SHLS)'s cash and cash equivalents?
As of Dec 31, 2025, Shoals Technologies Group, Inc. (SHLS) reported cash and cash equivalents of $7.3 million, against $23.5 million a year earlier (-68.9%). Source: the 10-K filed with the SEC on Feb 24, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:SHLS&period_type=annual&limit=5"

Information only, not investment advice.