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

Shoals Technologies (SHLS) has 7 years of Operating Income data on file, last reported at $7.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income rose 78.99% year-over-year to $7.7 million; the trailing twelve-month figure through Mar 2026 stood at $59.8 million (up 36.2% YoY), and the FY2025 full-year result was $56.4 million, up 10.19% from the prior year.
• Operating Income for Q1 2026 stood at $7.7 million, down from $17.4 million in the prior quarter.
• Across five years, Operating Income topped out at $31.9 million in Q4 2023 and bottomed at -$10.6 million in Q3 2023.
• The 5-year median for Operating Income is $16.5 million (2024), against an average of $15.3 million.
• The widest annual swing landed in 2022, when Operating Income soared 772.16%; it then tumbled 152.95% in 2023.
• A 5-year view of Operating Income shows it stood at $23.4 million in 2022, then jumped by 36.35% to $31.9 million in 2023, then tumbled by 48.28% to $16.5 million in 2024, then grew by 5.59% to $17.4 million in 2025, then tumbled by 55.65% to $7.7 million in 2026.
• The last three Operating Income figures came in at $7.7 million (Q1 2026), $17.4 million (Q4 2025), and $18.7 million (Q3 2025), per Business Quant data.

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