KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

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

Shoals Technologies' Operating Expenses history spans 6 years, with the latest figure at $29.5 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 24.51% year-over-year to $29.5 million; the TTM value through Dec 2025 reached $110.1 million, up 21.22%, while the annual FY2025 figure was $110.1 million, 21.22% up from the prior year.
  • Operating Expenses reached $29.5 million in Q4 2025 per SHLS's latest filing, down from $31.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $31.6 million in Q3 2025 to a low of $8.9 million in Q1 2021.
  • Average Operating Expenses over 5 years is $20.1 million, with a median of $21.1 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 118.59% in 2021, then decreased 15.65% in 2024.
  • A 5-year view of Operating Expenses shows it 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 increased by 0.81% to $23.7 million in 2024, then rose by 24.51% to $29.5 million in 2025.
  • Per Business Quant, the three most recent readings for SHLS's Operating Expenses are $29.5 million (Q4 2025), $31.6 million (Q3 2025), and $25.2 million (Q2 2025).