Shoals Technologies (SHLS) Net Income towards Common Stockholders (2020 - 2026)

Shoals Technologies (SHLS) reported Net Income towards Common Stockholders of -$297000.0 for Q1 2026, down 5.32% on a YoY basis from -$313685.4 in Q1 2025, and down 103.66% quarter-over-quarter from $8.1 million in Q4 2025.

Shoals Technologies (SHLS) Net Income towards Common Stockholders (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Net Income towards Common Stockholders for 7 years, with the latest figure at -$297000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Net Income towards Common Stockholders fell 5.32% year-over-year to -$297000.0; the trailing twelve-month figure through Mar 2026 stood at $33.6 million (up 75.97% YoY), and the FY2025 full-year result was $33.6 million, up 39.16% from the prior year.
  • Net Income towards Common Stockholders for Q1 2026 stood at -$297000.0, down from $8.1 million in the prior quarter.
  • The five-year high for Net Income towards Common Stockholders was $118.3 million in Q4 2022, with the low at -$9.8 million in Q3 2023.
  • Historically, Net Income towards Common Stockholders has averaged $14.3 million across 5 years, with a median of $8.1 million in 2025.
  • Annual changes were most pronounced in 2022 — Net Income towards Common Stockholders surged 5597.3% — and 2023, when it slumped 177.03%.
  • Shoals Technologies' Net Income towards Common Stockholders stood at $118.3 million in 2022, then slumped by 85.98% to $16.6 million in 2023, then plunged by 52.85% to $7.8 million in 2024, then gained by 3.89% to $8.1 million in 2025, then tumbled by 103.66% to -$297000.0 in 2026.
  • The last three Net Income towards Common Stockholders figures came in at -$297000.0 (Q1 2026), $8.1 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 346.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -7.45 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -57.37 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -297.33 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -297,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -13.54 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -67.19 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -1.75 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 9.15 Mn