KPIs & Operating Metrics(New)
Adjusted Ebitda ProfitabilityAdjusted Ebitda Profitability %Adjusted Ebitda Profitability AnnualAdjusted Ebitda Profitability Annual %Adjusted Gross Profit ProfitabilityAdjusted Gross Profit Profitability %Adjusted Net Income ProfitabilityAdjusted Net Income Profitability %Adjusted Net Income Profitability AnnualAdjusted Net Income Profitability Annual %Awarded OrdersBacklogBacklog AnnualBreakdown Of AssetsCost Of RevenueDeferred RevenueEmployee StatisticsGross Margin %Gross Margin Annual %Gross ProfitGross Profit AnnualIncome Before Income TaxesOpex As A % Of Total Revenue %OPEX SegregationProperty And Equipment, Net BreakdownRevenue By ProductRevenue By Product %Revenue By Product AnnualRevenue By Product Annual %
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueDepreciation & Amortization (IS)Depreciation ExpenseEBIATGross ProfitLeasesLong-Term Debt IssuancesLong-Term Debt RepaymentsMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetReceivables - OtherShares OutstandingShares OutstandingShares Repurchased
Ratios

Shoals Technologies (SHLS) Cost Of Revenue (2019 - 2025)

Shoals Technologies' Cost of Revenue history spans 6 years, with the latest figure at $101.4 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 51.81% year-over-year to $101.4 million; the TTM value through Dec 2025 reached $308.8 million, up 20.08%, while the annual FY2025 figure was $308.8 million, 20.08% up from the prior year.
  • Cost of Revenue reached $101.4 million in Q4 2025 per SHLS's latest filing, up from $85.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $120.1 million in Q3 2023 to a low of $26.8 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $60.6 million, with a median of $55.8 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: surged 119.18% in 2023, then plummeted 36.04% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $32.1 million in 2021, then soared by 68.95% to $54.3 million in 2022, then skyrocketed by 38.3% to $75.1 million in 2023, then decreased by 11.0% to $66.8 million in 2024, then soared by 51.81% to $101.4 million in 2025.
  • Per Business Quant, the three most recent readings for SHLS's Cost of Revenue are $101.4 million (Q4 2025), $85.6 million (Q3 2025), and $69.6 million (Q2 2025).