Shoals Technologies (SHLS) EBIT (2020 - 2026)

Shoals Technologies (SHLS) posted EBIT of $7.7 million for Q1 2026, down 55.65% on a QoQ basis from $17.4 million in Q4 2025, and up 78.99% year-over-year from $4.3 million in Q1 2025.

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

Shoals Technologies' EBIT history runs 7 years deep, the most recent figure standing at $7.7 million for Q1 2026.

  • Quarterly EBIT rose 78.99% year-over-year to $7.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $59.8 million (up 36.2% YoY) and the FY2025 annual result came in at $56.4 million, up 10.19% from the prior year.
  • EBIT was $7.7 million for Q1 2026 at Shoals Technologies, down from $17.4 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.
  • A 5-year average of $15.3 million and a median of $16.5 million in 2024 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2022 — EBIT soared 772.16% — and 2023, when it plunged 152.95%.
  • Shoals Technologies' 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 slumped by 55.65% to $7.7 million in 2026.
  • Business Quant data shows SHLS's EBIT at $7.7 million in Q1 2026, $17.4 million in Q4 2025, and $18.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 345.30 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -29.64 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -84.91 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -55.04 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -43.51 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 7.72 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -64.06 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 7.11 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 36.27 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 14.10 Mn