Growth Metrics

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

Shoals Technologies (SHLS) has disclosed Net Margin for 6 consecutive years, with 5.48% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin fell 183.0% year-over-year to 5.48%, compared with a TTM value of 7.06% through Dec 2025, up 102.0%, and an annual FY2025 reading of 7.06%, up 102.0% over the prior year.
  • Net Margin was 5.48% for Q4 2025 at Shoals Technologies, down from 8.75% in the prior quarter.
  • Across five years, Net Margin topped out at 124.99% in Q4 2022 and bottomed at 18.27% in Q1 2021.
  • Average Net Margin over 5 years is 12.26%, with a median of 8.78% recorded in 2021.
  • The sharpest move saw Net Margin surged 12942bps in 2022, then crashed -11227bps in 2023.
  • Year by year, Net Margin stood at 4.43% in 2021, then skyrocketed by 2921bps 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.
  • Business Quant data shows Net Margin for SHLS at 5.48% in Q4 2025, 8.75% in Q3 2025, and 12.5% in Q2 2025.