Shoals Technologies (SHLS) Gross Profit (2020 - 2026)

Shoals Technologies' Gross Profit history runs 7 years deep, the most recent figure standing at $41.0 million for Q1 2026.

• Quarterly Gross Profit rose 45.74% year-over-year to $41.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.4 million (up 34.17% YoY) and the FY2025 annual result came in at $166.5 million, up 17.25% from the prior year.
• Gross Profit was $41.0 million for Q1 2026 at Shoals Technologies, down from $46.9 million in the prior quarter.
• Across five years, Gross Profit topped out at $55.4 million in Q4 2023 and bottomed at $14.2 million in Q3 2023.
• A 5-year average of $38.2 million and a median of $40.2 million in 2024 frame the typical range for Gross Profit.
• Annual changes were most pronounced in 2022 — Gross Profit jumped 153.59% — and 2023, when it sank 60.75%.
• Shoals Technologies' Gross Profit stood at $40.4 million in 2022, then soared by 37.15% to $55.4 million in 2023, then dropped by 27.44% to $40.2 million in 2024, then gained by 16.75% to $46.9 million in 2025, then dropped by 12.58% to $41.0 million in 2026.
• Business Quant data shows SHLS's Gross Profit at $41.0 million in Q1 2026, $46.9 million in Q4 2025, and $50.3 million in Q3 2025.