Growth Metrics

Shoals Technologies (SHLS) Net Margin (2020 - 2025)

Shoals Technologies' Net Margin history spans 6 years, with the latest figure at 5.48% for Q4 2025.

  • For Q4 2025, Net Margin fell 183.0% year-over-year to 5.48%; the TTM value through Dec 2025 reached 7.06%, up 102.0%, while the annual FY2025 figure was 7.06%, 102.0% up from the prior year.
  • Net Margin reached 5.48% in Q4 2025 per SHLS's latest filing, down from 8.75% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 124.99% in Q4 2022 to a low of 18.27% in Q1 2021.
  • Average Net Margin over 5 years is 12.26%, with a median of 8.78% recorded in 2021.
  • Peak YoY movement for Net Margin: skyrocketed 12947bps in 2022, then crashed -11227bps in 2023.
  • A 5-year view of Net Margin shows it stood at 4.48% in 2021, then soared by 2890bps to 124.99% in 2022, then crashed by -90bps to 12.71% in 2023, then crashed by -43bps to 7.31% in 2024, then fell by -25bps to 5.48% in 2025.
  • Per Business Quant, the three most recent readings for SHLS's Net Margin are 5.48% (Q4 2025), 8.75% (Q3 2025), and 12.5% (Q2 2025).