Shoals Technologies (SHLS) Gross Profit (2020 - 2026)
Shoals Technologies' Gross Profit was $62.4 million in Q3 2026, up 24.2% from $50.25 million a year earlier and up 26.0% from the prior quarter.
Powered by 
Analysis
Shoals Technologies (SHLS) Gross Profit (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shoals Technologies' Gross Profit was $199.85 million through Sep 30, 2026, up 25.1% 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%).
- The Q3 2026 figure marks the highest quarterly Gross Profit in data going back to Q1 2020.
- Compared with a year earlier, Gross Profit has increased for six straight quarters, with growth averaging 19.7% 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 Q3 2026 was $49.53 million (Q2 2026), $41.01 million (Q1 2026) and $46.91 million (Q4 2025).
Peer Set
Peer Comparison
API Access
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.
https://data.businessquant.com/historic?slug=gross-profit&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();