Growth Metrics

Shoals Technologies (SHLS) Gross Profit (2019 - 2025)

Shoals Technologies posted annual Gross Profit of $166.5 million for FY2025, up 17.25% year-over-year from $142.0 million in FY2024.

Shoals Technologies (SHLS) has 7 years of Gross Profit data on file, last reported at $166.5 million in FY2025.

  • For the quarter ending Q1 2026, Gross Profit rose 45.74% year-over-year to $41.0 million; the trailing twelve-month figure through Mar 2026 stood at $179.4 million (up 34.17% YoY), and the FY2025 full-year result was $166.5 million, up 17.25% from the prior year.
  • Gross Profit for FY2025 stood at $166.5 million, up from $142.0 million in the prior year.
  • Across five years, Gross Profit topped out at $168.3 million in FY2023 and bottomed at $82.6 million in FY2021.
  • The 5-year median for Gross Profit is $142.0 million (2024), against an average of $138.2 million.
  • The widest annual swing landed in 2022, when Gross Profit soared 58.89%; it then fell 15.62% in 2024.
  • A 5-year view of Gross Profit shows it stood at $82.6 million in 2021, then jumped by 58.89% to $131.3 million in 2022, then climbed by 28.17% to $168.3 million in 2023, then declined by 15.62% to $142.0 million in 2024, then advanced by 17.25% to $166.5 million in 2025.
  • The last three Gross Profit figures came in at $166.5 million (FY2025), $142.0 million (FY2024), and $168.3 million (FY2023), per Business Quant data.