Shoals Technologies SHLS
NASDAQ SHLS
$7.06 -0.36 (-4.85%)
As of: Sep 9, 2026 · 3:59 PM EDT

Shoals Technologies (SHLS) EBIT (2020 - 2026)

Shoals Technologies' (SHLS) quarterly EBIT came in at $18.7 million in Q2 2026, up 17.03% on a YoY basis from $16.0 million in Q2 2025, and up 142.58% quarter-over-quarter from $7.7 million in Q1 2026.

Analysis

Shoals Technologies (SHLS) EBIT (2020 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported EBIT for 7 consecutive years, with $18.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBIT rose 17.03% year-over-year to $18.7 million; the trailing twelve-month figure through Jun 2026 stood at $62.5 million (up 51.31% YoY), and the FY2025 full-year result was $56.4 million, up 10.19% from the prior year.
  • EBIT rose to $18.7 million in Q2 2026 per SHLS's latest filing, from $7.7 million in the prior quarter.
  • Across five years, EBIT topped out at $31.9 million in Q4 2023 and bottomed at -$10.6 million in Q3 2023.
  • Historically, EBIT has averaged $15.5 million across 5 years, with a median of $16.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBIT jumped 772.16% in 2022, then slumped 152.95% in 2023.
  • Over 5 years, EBIT stood at $23.4 million in 2022, then surged by 36.35% to $31.9 million in 2023, then slumped by 48.28% to $16.5 million in 2024, then increased by 5.59% to $17.4 million in 2025, then climbed by 7.57% to $18.7 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered $18.7 million, $7.7 million, and $17.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 450.39 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn 190.91 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 51.52 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn -16.05 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn -22.78 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 18.72 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn -71.06 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 34.77 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn -210.95 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn 22.56 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.72 Mn
Mar 31, 2026 7.72 Mn
Dec 31, 2025 17.40 Mn
Sep 30, 2025 18.67 Mn
Jun 30, 2025 16.00 Mn
Mar 31, 2025 4.31 Mn
Dec 31, 2024 16.48 Mn
Sep 30, 2024 4.52 Mn
Jun 30, 2024 18.58 Mn
Mar 31, 2024 11.58 Mn
Dec 31, 2023 31.87 Mn
Sep 30, 2023 -10.57 Mn
Jun 30, 2023 31.64 Mn
Mar 31, 2023 26.10 Mn
Dec 31, 2022 23.37 Mn
Sep 30, 2022 19.97 Mn
Jun 30, 2022 12.98 Mn
Mar 31, 2022 10.01 Mn
Dec 31, 2021 2.68 Mn
Sep 30, 2021 9.56 Mn