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| 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 |