Shoals Technologies (SHLS) Consolidated Net Income (2020 - 2026)
Shoals Technologies (SHLS) posted Consolidated Net Income of $17.87 million for Q3 2026, up 50.4% from $11.88 million a year earlier and up 47.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Consolidated Net Income (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Consolidated Net Income at Shoals Technologies was $37.83 million, up 13.7% year-over-year; for FY2025, it was $33.57 million, up 39.2% from FY2024.
- Annual Consolidated Net Income shows a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- In prior years, Shoals Technologies' Consolidated Net Income was $24.13 million in FY2024 (-43.4%), $42.66 million in FY2023 (-70.2%), $143.01 million in FY2022 and $3.94 million in FY2021 (-88.3%).
- The Q3 2026 figure stands as the highest quarterly Consolidated Net Income since Q2 2023.
- On a year-over-year basis, Consolidated Net Income increased in three of the last five quarters, with growth averaging 1.3%.
- The strongest year-over-year quarter for Consolidated Net Income in the past five years was Q1 2023, with growth of 265.3%; the weakest was Q4 2023, with a decline of 86.0%.
- According to Business Quant data, Consolidated Net Income for the three prior quarters was $12.14 million (Q2 2026), -$297,000 (Q1 2026) and $8.12 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 1.29 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 248.98 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 571.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 165.45 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 101.98 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 109.22 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 109.20 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 89.57 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 7.80 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 17.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.87 Mn |
| Jun 30, 2026 | 12.14 Mn |
| Mar 31, 2026 | -297,000.00 |
| Dec 31, 2025 | 8.12 Mn |
| Sep 30, 2025 | 11.88 Mn |
| Jun 30, 2025 | 13.86 Mn |
| Mar 31, 2025 | -282,000.00 |
| Dec 31, 2024 | 7.82 Mn |
| Sep 30, 2024 | -267,000.00 |
| Jun 30, 2024 | 11.80 Mn |
| Mar 31, 2024 | 4.77 Mn |
| Dec 31, 2023 | 16.58 Mn |
| Sep 30, 2023 | -9.83 Mn |
| Jun 30, 2023 | 18.92 Mn |
| Mar 31, 2023 | 16.98 Mn |
| Dec 31, 2022 | 118.30 Mn |
| Sep 30, 2022 | 12.76 Mn |
| Jun 30, 2022 | 7.30 Mn |
| Mar 31, 2022 | 4.65 Mn |
| Dec 31, 2021 | -2.15 Mn |
API Access
Shoals Technologies Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();