Shoals Technologies (SHLS) EBT (2020 - 2026)
Shoals Technologies (SHLS) reported EBT of -$386000.0 for Q1 2026, down 119.16% on a YoY basis from $2.0 million in Q1 2025, and down 102.83% quarter-over-quarter from $13.7 million in Q4 2025.
Shoals Technologies (SHLS) EBT (2020 - 2026) Analysis & Trends
Shoals Technologies has reported EBT for 7 years, with the latest figure at -$386000.0 in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 119.16% year-over-year to -$386000.0; the trailing twelve-month figure through Mar 2026 stood at $46.1 million (up 41.22% YoY), and the FY2025 full-year result was $48.5 million, up 28.14% from the prior year.
- EBT for Q1 2026 stood at -$386000.0, down from $13.7 million in the prior quarter.
- The five-year high for EBT was $121.8 million in Q4 2022, with the low at -$16.5 million in Q3 2023.
- Historically, EBT has averaged $17.2 million across 5 years, with a median of $13.7 million in 2024.
- Annual changes were most pronounced in 2022 — EBT jumped 11423.56% — and 2023, when it tumbled 208.28%.
- Shoals Technologies' EBT stood at $121.8 million in 2022, then tumbled by 78.51% to $26.2 million in 2023, then plunged by 47.7% to $13.7 million in 2024, then fell by 0.19% to $13.7 million in 2025, then tumbled by 102.83% to -$386000.0 in 2026.
- The last three EBT figures came in at -$386000.0 (Q1 2026), $13.7 million (Q4 2025), and $15.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 354.33 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 159.64 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -13.90 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -56.08 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -290.27 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -386,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 4.13 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -174.72 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.91 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -386,000.00 |
| Dec 31, 2025 | 13.66 Mn |
| Sep 30, 2025 | 15.87 Mn |
| Jun 30, 2025 | 16.97 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Dec 31, 2024 | 13.69 Mn |
| Sep 30, 2024 | 1.44 Mn |
| Jun 30, 2024 | 15.52 Mn |
| Mar 31, 2024 | 7.22 Mn |
| Dec 31, 2023 | 26.17 Mn |
| Sep 30, 2023 | -16.47 Mn |
| Jun 30, 2023 | 25.13 Mn |
| Mar 31, 2023 | 20.10 Mn |
| Dec 31, 2022 | 121.80 Mn |
| Sep 30, 2022 | 15.21 Mn |
| Jun 30, 2022 | 8.81 Mn |
| Mar 31, 2022 | 6.17 Mn |
| Dec 31, 2021 | 1.06 Mn |
| Sep 30, 2021 | 3.97 Mn |
| Jun 30, 2021 | 8.82 Mn |