Shoals Technologies (SHLS) Income from Continuing Operations (2020 - 2026)
Shoals Technologies' Income from Continuing Operations came in at $12.14 million for Q2 2026, down 12.4% from $13.86 million a year earlier.
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Analysis
Shoals Technologies (SHLS) Income from Continuing Operations (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shoals Technologies reported Income from Continuing Operations of $31.84 million, up 50.7% year-over-year; for FY2025, it was $33.57 million, up 39.2% from FY2024.
- Income from Continuing Operations carries a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by year, Income from Continuing Operations was $24.13 million in FY2024 (-43.4%), $42.66 million in FY2023 (-70.2%), $143.01 million in FY2022 and $3.94 million in FY2021 (-88.3%).
- The five-year range for quarterly Income from Continuing Operations is -$9.83 million (Q3 2023) to $118.3 million (Q4 2022).
- Year-over-year, Income from Continuing Operations increased in two of the last four quarters, with an average decline of 11.0%.
- The fastest year-over-year change in Income from Continuing Operations over five years came in Q1 2023 (growth of 265.3%), and the weakest in Q4 2023 (a decline of 86.0%).
- Business Quant data shows SHLS's Income from Continuing Operations at -$297,000 (Q1 2026), $8.12 million (Q4 2025) and $11.88 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 198.83 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 422.57 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 89.10 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 143.01 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 165.36 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 116.45 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 36.08 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 8.10 Mn |
| 10 | Shoals Technologies | 1.36 Bn | 1.33 Bn | 49.53 Mn | 12.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.14 Mn |
| Mar 31, 2026 | -297,000.00 |
| Dec 31, 2025 | 8.12 Mn |
| Sep 30, 2025 | 11.88 Mn |
| Jun 30, 2025 | 13.86 Mn |
| Mar 31, 2025 | -282,000.00 |
| Dec 31, 2024 | 7.82 Mn |
| Sep 30, 2024 | -267,000.00 |
| Jun 30, 2024 | 11.80 Mn |
| Mar 31, 2024 | 4.77 Mn |
| Dec 31, 2023 | 16.58 Mn |
| Sep 30, 2023 | -9.83 Mn |
| Jun 30, 2023 | 18.92 Mn |
| Mar 31, 2023 | 16.98 Mn |
| Dec 31, 2022 | 118.30 Mn |
| Sep 30, 2022 | 12.76 Mn |
| Jun 30, 2022 | 7.30 Mn |
| Mar 31, 2022 | 4.65 Mn |
| Dec 31, 2021 | -2.15 Mn |
| Sep 30, 2021 | 5.28 Mn |
API Access
Shoals Technologies Income from Continuing Operations 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=income-from-continuing-operations&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "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=income-from-continuing-operations&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();