Shoals Technologies (SHLS) Operating Expenses (2020 - 2026)

Shoals Technologies (SHLS) has reported Operating Expenses for 7 consecutive years, with $30.8 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 22.21% year-over-year to $30.8 million; the trailing twelve-month figure through Jun 2026 stood at $125.2 million (up 33.77% YoY), and the FY2025 full-year result was $110.1 million, up 21.22% from the prior year.
• Operating Expenses slipped to $30.8 million in Q2 2026 per SHLS's latest filing, from $33.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $33.3 million in Q1 2026 and bottomed at $15.6 million in Q2 2022.
• Historically, Operating Expenses has averaged $23.3 million across 5 years, with a median of $23.6 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 83.31% in 2022, then decreased 15.65% in 2024.
• Over 5 years, Operating Expenses stood at $17.0 million in 2022, then soared by 38.25% to $23.5 million in 2023, then advanced by 0.81% to $23.7 million in 2024, then climbed by 24.51% to $29.5 million in 2025, then advanced by 4.38% to $30.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $30.8 million, $33.3 million, and $29.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.