Growth Metrics

Shoals Technologies (SHLS) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Shoals Technologies (SHLS) over the last 6 years, with Q3 2025 value amounting to $31.6 million.

  • Shoals Technologies' Operating Expenses rose 5145.31% to $31.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $104.3 million, marking a year-over-year increase of 1506.83%. This contributed to the annual value of $90.8 million for FY2024, which is 176.55% up from last year.
  • Shoals Technologies' Operating Expenses amounted to $31.6 million in Q3 2025, which was up 5145.31% from $25.2 million recorded in Q2 2025.
  • Shoals Technologies' Operating Expenses' 5-year high stood at $31.6 million during Q3 2025, with a 5-year trough of $8.9 million in Q1 2021.
  • Over the past 5 years, Shoals Technologies' median Operating Expenses value was $20.9 million (recorded in 2024), while the average stood at $19.6 million.
  • Per our database at Business Quant, Shoals Technologies' Operating Expenses surged by 11858.88% in 2021 and then plummeted by 1565.07% in 2024.
  • Over the past 5 years, Shoals Technologies' Operating Expenses (Quarter) stood at $13.2 million in 2021, then rose by 28.41% to $17.0 million in 2022, then soared by 38.25% to $23.5 million in 2023, then rose by 0.81% to $23.7 million in 2024, then skyrocketed by 33.25% to $31.6 million in 2025.
  • Its Operating Expenses was $31.6 million in Q3 2025, compared to $25.2 million in Q2 2025 and $23.8 million in Q1 2025.