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

Shoals Technologies (SHLS) EBITDA (2020 - 2026)

Shoals Technologies' (SHLS) quarterly EBITDA came in at $21.4 million in Q2 2026, up 23.13% on a YoY basis from $17.4 million in Q2 2025, and up 115.99% quarter-over-quarter from $9.9 million in Q1 2026.

Analysis

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

Shoals Technologies (SHLS) has reported EBITDA for 7 consecutive years, with $21.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA rose 23.13% year-over-year to $21.4 million; the trailing twelve-month figure through Jun 2026 stood at $70.8 million (up 51.26% YoY), and the FY2025 full-year result was $62.6 million, up 11.42% from the prior year.
  • EBITDA improved to $21.4 million in Q2 2026 per SHLS's latest filing, from $9.9 million in the prior quarter.
  • Across five years, EBITDA topped out at $32.8 million in Q4 2023 and bottomed at -$9.9 million in Q3 2023.
  • Historically, EBITDA has averaged $16.7 million across 5 years, with a median of $18.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBITDA soared 675.13% in 2022, then plunged 148.23% in 2023.
  • Over 5 years, EBITDA stood at $23.9 million in 2022, then jumped by 37.26% to $32.8 million in 2023, then slumped by 45.43% to $17.9 million in 2024, then advanced by 7.95% to $19.3 million in 2025, then rose by 10.97% to $21.4 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $21.4 million, $9.9 million, and $19.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 First Solar 21.88 Bn 20.15 Bn 605.00 Mn 450.39 Mn
2 Nextpower 12.39 Bn 11.18 Bn 335.85 Mn 190.91 Mn
3 Enphase Energy 4.85 Bn 3.91 Bn 175.01 Mn 51.52 Mn
4 Solaredge Technologies 2.15 Bn 1.57 Bn 95.15 Mn -16.05 Mn
5 T1 Energy 1.36 Bn 1.15 Bn 49.10 Mn -22.78 Mn
6 Shoals Technologies 1.18 Bn 1.17 Bn 49.53 Mn 21.42 Mn
7 Canadian Solar 910.82 Mn -555.68 Mn 168.48 Mn -71.06 Mn
8 Array Technologies 687.01 Mn 379.71 Mn 99.60 Mn 37.47 Mn
9 JinkoSolar Holding 638.26 Mn -2.04 Bn 75.62 Mn -210.95 Mn
10 Toyo 131.23 Mn 21.19 Mn 36.97 Mn 22.56 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.42 Mn
Mar 31, 2026 9.92 Mn
Dec 31, 2025 19.30 Mn
Sep 30, 2025 20.17 Mn
Jun 30, 2025 17.40 Mn
Mar 31, 2025 5.71 Mn
Dec 31, 2024 17.88 Mn
Sep 30, 2024 5.82 Mn
Jun 30, 2024 19.88 Mn
Mar 31, 2024 12.68 Mn
Dec 31, 2023 32.77 Mn
Sep 30, 2023 -9.87 Mn
Jun 30, 2023 32.24 Mn
Mar 31, 2023 26.60 Mn
Dec 31, 2022 23.87 Mn
Sep 30, 2022 20.47 Mn
Jun 30, 2022 13.48 Mn
Mar 31, 2022 10.41 Mn
Dec 31, 2021 3.08 Mn
Sep 30, 2021 10.06 Mn