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
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