Shoals Technologies (SHLS) EBIT (2020 - 2026)
Shoals Technologies (SHLS) recorded EBIT of $18.72 million in Q2 2026, up 17.0% from $16 million a year earlier and up 142.6% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) EBIT (2020 - 2026) Analysis & Trends
On a TTM basis, Shoals Technologies' EBIT came in at $62.52 million as of Jun 30, 2026, up 51.3% year-over-year; for FY2025, it came in at $56.39 million, up 10.2% from FY2024.
- Annual EBIT has a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- Across earlier years, EBIT came in at $51.17 million in FY2024 (-35.3%), $79.04 million in FY2023 (+19.2%), $66.33 million in FY2022 (+83.1%) and $36.23 million in FY2021 (-2.8%).
- The Q2 2026 figure is the highest quarterly EBIT since Q4 2023.
- On a year-over-year basis, EBIT has increased for four consecutive quarters, with growth averaging 41.3% over the last seven quarters.
- Peak year-over-year performance for EBIT in the last five years was growth of 772.2% in Q4 2022, against a decline of 62.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.72 million (Q1 2026), $17.4 million (Q4 2025) and $18.67 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 182.24 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 450.39 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 114.14 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 210.43 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 190.91 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 151.41 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 51.52 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 17.90 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 18.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Shoals Technologies EBIT 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=ebit&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();