Shoals Technologies (SHLS) EBT (2020 - 2026)

Shoals Technologies (SHLS) posted EBT of -$386000.0 for Q1 2026, down 102.83% on a QoQ basis from $13.7 million in Q4 2025, and down 119.16% year-over-year from $2.0 million in Q1 2025.

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

Shoals Technologies' EBT history runs 7 years deep, the most recent figure standing at -$386000.0 for Q1 2026.

  • Quarterly EBT fell 119.16% year-over-year to -$386000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $46.1 million (up 41.22% YoY) and the FY2025 annual result came in at $48.5 million, up 28.14% from the prior year.
  • EBT was -$386000.0 for Q1 2026 at Shoals Technologies, down from $13.7 million in the prior quarter.
  • Across five years, EBT topped out at $121.8 million in Q4 2022 and bottomed at -$16.5 million in Q3 2023.
  • A 5-year average of $17.2 million and a median of $13.7 million in 2024 frame the typical range for EBT.
  • Annual changes were most pronounced in 2022 — EBT jumped 11423.56% — and 2023, when it slumped 208.28%.
  • Shoals Technologies' EBT stood at $121.8 million in 2022, then sank by 78.51% to $26.2 million in 2023, then slumped by 47.7% to $13.7 million in 2024, then decreased by 0.19% to $13.7 million in 2025, then sank by 102.83% to -$386000.0 in 2026.
  • Business Quant data shows SHLS's EBT at -$386000.0 in Q1 2026, $13.7 million in Q4 2025, and $15.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 354.33 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 159.64 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -13.90 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -174.72 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -56.08 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -290.27 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -386,000.00
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -118.53 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 4.13 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 33.95 Mn

Historic Data

Download Data
DateValue
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