Shoals Technologies SHLS
NASDAQ SHLS
$8.13 +0.03 (+0.37%)
At close: Oct 1, 2026 · 4:00 PM EDT

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

Updated

Shoals Technologies' Gross Profit was $49.53 million in Q2 2026, up 20.2% from $41.2 million a year earlier and up 20.8% from the prior quarter.

Analysis

Shoals Technologies (SHLS) Gross Profit (2020 - 2026) Analysis & Trends

On a trailing twelve-month basis, Shoals Technologies' Gross Profit was $187.7 million through Jun 30, 2026, up 39.1% year-over-year; for FY2025, it came in at $166.51 million, up 17.2% from FY2024.

  • Gross Profit shows a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
  • In earlier years, Gross Profit was $142.02 million in FY2024 (-15.6%), $168.3 million in FY2023 (+28.2%), $131.31 million in FY2022 (+58.9%) and $82.65 million in FY2021 (+24.2%).
  • Quarterly Gross Profit has moved between $14.15 million (Q3 2023) and $55.38 million (Q4 2023) over five years.
  • Compared with a year earlier, Gross Profit has increased for five straight quarters, with growth averaging 26.6% over the last eight quarters.
  • The best year-over-year quarter for Gross Profit over five years was Q4 2022 (growth of 153.6%); the worst was Q3 2023 (a decline of 60.7%).
  • Per Business Quant data, SHLS's Gross Profit in the three quarters before Q2 2026 was $41.01 million (Q1 2026), $46.91 million (Q4 2025) and $50.25 million (Q3 2025).
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Peer Comparison

Historic Data

Historic Data

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Shoals Technologies Gross Profit API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

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