Growth Metrics

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

Shoals Technologies' Operating Income history spans 6 years, with the latest figure at $17.4 million for Q4 2025.

  • For Q4 2025, Operating Income rose 5.59% year-over-year to $17.4 million; the TTM value through Dec 2025 reached $56.4 million, up 10.19%, while the annual FY2025 figure was $56.4 million, 10.19% up from the prior year.
  • Operating Income reached $17.4 million in Q4 2025 per SHLS's latest filing, down from $18.7 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $31.9 million in Q4 2023 to a low of -$10.6 million in Q3 2023.
  • Average Operating Income over 5 years is $14.5 million, with a median of $15.0 million recorded in 2021.
  • Peak YoY movement for Operating Income: skyrocketed 772.16% in 2022, then plummeted 152.95% in 2023.
  • A 5-year view of Operating Income shows it stood at $2.7 million in 2021, then surged by 772.16% to $23.4 million in 2022, then surged by 36.35% to $31.9 million in 2023, then tumbled by 48.28% to $16.5 million in 2024, then increased by 5.59% to $17.4 million in 2025.
  • Per Business Quant, the three most recent readings for SHLS's Operating Income are $17.4 million (Q4 2025), $18.7 million (Q3 2025), and $16.0 million (Q2 2025).