Shoals Technologies (SHLS) EBT Margin (2020 - 2026)

Shoals Technologies (SHLS) reported EBT Margin of 0.27% for Q1 2026, down 278.0% on a YoY basis from 0.15% in Q1 2025, and down 102.98% quarter-over-quarter from 9.21% in Q4 2025.

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

Shoals Technologies has reported EBT Margin for 7 years, with the latest figure at 0.27% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 278.0% year-over-year to 0.27%; the trailing twelve-month figure through Mar 2026 stood at 8.61% (up 21.0% YoY), and the FY2025 full-year result was 10.21%, up 72.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 0.27%, down from 9.21% in the prior quarter.
  • The five-year high for EBT Margin was 128.69% in Q4 2022, with the low at 12.27% in Q3 2023.
  • Historically, EBT Margin has averaged 17.1% across 5 years, with a median of 11.99% in 2022.
  • Annual changes were most pronounced in 2022 — EBT Margin surged 12649 bps — and 2023, when it sank 10862 bps.
  • Shoals Technologies' EBT Margin stood at 128.69% in 2022, then sank by 84 bps to 20.06% in 2023, then plunged by 36 bps to 12.79% in 2024, then declined by 28 bps to 9.21% in 2025, then plunged by 103 bps to 0.27% in 2026.
  • The last three EBT Margin figures came in at 0.27% (Q1 2026), 9.21% (Q4 2025), and 11.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 33.93%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 18.13%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -4.91%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -18.06%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -40.19%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -0.27%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.85%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -9.84%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -7.60%
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.27%
Dec 31, 2025 9.21%
Sep 30, 2025 11.69%
Jun 30, 2025 15.31%
Mar 31, 2025 2.51%
Dec 31, 2024 12.79%
Sep 30, 2024 1.41%
Jun 30, 2024 15.64%
Mar 31, 2024 7.95%
Dec 31, 2023 20.06%
Sep 30, 2023 -12.27%
Jun 30, 2023 21.08%
Mar 31, 2023 19.13%
Dec 31, 2022 128.69%
Sep 30, 2022 16.75%
Jun 30, 2022 11.99%
Mar 31, 2022 9.08%
Dec 31, 2021 2.20%
Sep 30, 2021 6.63%
Jun 30, 2021 14.76%