Shoals Technologies (SHLS) Gross Profit (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Gross Profit came in at $49.5 million in Q2 2026, up 20.2% on a YoY basis from $41.2 million in Q2 2025, and up 20.76% quarter-over-quarter from $41.0 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Gross Profit (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Gross Profit for 7 consecutive years, with $49.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit rose 20.2% year-over-year to $49.5 million; the trailing twelve-month figure through Jun 2026 stood at $187.7 million (up 39.14% YoY), and the FY2025 full-year result was $166.5 million, up 17.25% from the prior year.
- Gross Profit grew to $49.5 million in Q2 2026 per SHLS's latest filing, from $41.0 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.
- Historically, Gross Profit has averaged $38.8 million across 5 years, with a median of $40.3 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Profit surged 153.59% in 2022, then tumbled 60.75% in 2023.
- Over 5 years, 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 climbed by 5.57% to $49.5 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $49.5 million, $41.0 million, and $46.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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