Shoals Technologies (SHLS) EBT (2020 - 2026)
Shoals Technologies' (SHLS) quarterly EBT came in at -$386000.0 in Q1 2026, down 119.16% YoY from $2.0 million in Q1 2025, and down 102.83% on a QoQ basis from $13.7 million in Q4 2025.
Shoals Technologies (SHLS) EBT (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has 7 years of EBT data on file, last reported at -$386000.0 in 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 eased to -$386000.0 in Q1 2026, from $13.7 million in the prior quarter.
- In the past five years, EBT ranged from a high of $121.8 million in Q4 2022 to a low of -$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 tumbled 208.28%.
- Tracing SHLS's EBT over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 459.38 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 198.93 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 61.90 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | -212.15 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -28.42 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 15.50 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -118.53 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -174.72 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 31.72 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 33.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.50 Mn |
| 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 |