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

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

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

Shoals Technologies' EBT Margin history runs 7 years deep, the most recent figure standing at 0.27% for Q1 2026.

  • Quarterly EBT Margin fell 278.0% year-over-year to 0.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.61% (up 21.0% YoY) and the FY2025 annual result came in at 10.21%, up 72.0% from the prior year.
  • EBT Margin was 0.27% for Q1 2026 at Shoals Technologies, down from 9.21% in the prior quarter.
  • Across five years, EBT Margin topped out at 128.69% in Q4 2022 and bottomed at 12.27% in Q3 2023.
  • A 5-year average of 17.1% and a median of 11.99% in 2022 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2022 — EBT Margin surged 12649 bps — and 2023, when it plunged 10862 bps.
  • Shoals Technologies' EBT Margin stood at 128.69% in 2022, then tumbled by 84 bps to 20.06% in 2023, then slumped by 36 bps to 12.79% in 2024, then retreated by 28 bps to 9.21% in 2025, then slumped by 103 bps to 0.27% in 2026.
  • Business Quant data shows SHLS's EBT Margin at 0.27% in Q1 2026, 9.21% in Q4 2025, and 11.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 33.93%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 18.13%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -4.91%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -9.84%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -18.06%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -40.19%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -0.27%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -9.74%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 1.85%
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 23.78%

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%