Growth Metrics

Shoals Technologies (SHLS) EBIT Margin (2020 - 2026)

Shoals Technologies posted quarterly EBIT Margin of 5.49% for Q1 2026, up 13.0% year-on-year from 4.86% in Q1 2025, and down 53.2% on a QoQ basis from 11.73% in Q4 2025.

Shoals Technologies (SHLS) has 7 years of EBIT Margin data on file, last reported at 5.49% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin rose 13.0% year-over-year to 5.49%; the trailing twelve-month figure through Mar 2026 stood at 11.16% (down 13.0% YoY), and the FY2025 full-year result was 11.86%, down 96.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 5.49%, down from 11.73% in the prior quarter.
  • Across five years, EBIT Margin topped out at 26.54% in Q2 2023 and bottomed at 7.88% in Q3 2023.
  • The 5-year median for EBIT Margin is 14.72% (2022), against an average of 14.65%.
  • The widest annual swing landed in 2022, when EBIT Margin jumped 1912 bps; it then plunged 2986 bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 24.69% in 2022, then retreated by 1 bps to 24.43% in 2023, then tumbled by 37 bps to 15.41% in 2024, then retreated by 24 bps to 11.73% in 2025, then sank by 53 bps to 5.49% in 2026.
  • The last three EBIT Margin figures came in at 5.49% (Q1 2026), 11.73% (Q4 2025), and 13.75% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 33.07%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 17.44%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -5.26%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -10.48%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -17.73%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -6.02%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 5.49%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 3.18%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -4.78%
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -9.56%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 5.49%
Dec 31, 2025 11.73%
Sep 30, 2025 13.75%
Jun 30, 2025 14.43%
Mar 31, 2025 5.37%
Dec 31, 2024 15.41%
Sep 30, 2024 4.43%
Jun 30, 2024 18.72%
Mar 31, 2024 12.76%
Dec 31, 2023 24.43%
Sep 30, 2023 -7.88%
Jun 30, 2023 26.54%
Mar 31, 2023 24.84%
Dec 31, 2022 24.69%
Sep 30, 2022 21.98%
Jun 30, 2022 17.67%
Mar 31, 2022 14.72%
Dec 31, 2021 5.58%
Sep 30, 2021 15.98%
Jun 30, 2021 23.61%
Mar 31, 2021 21.69%
Dec 31, 2020 18.47%
Sep 30, 2020 28.72%
Jun 30, 2020 12.55%
Mar 31, 2020 23.48%