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

Shoals Technologies (SHLS) has reported Operating Income for 7 consecutive years, with $18.7 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Income rose 17.03% year-over-year to $18.7 million; the trailing twelve-month figure through Jun 2026 stood at $62.5 million (up 51.31% YoY), and the FY2025 full-year result was $56.4 million, up 10.19% from the prior year.
• Operating Income rose to $18.7 million in Q2 2026 per SHLS's latest filing, from $7.7 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.
• Historically, Operating Income has averaged $15.5 million across 5 years, with a median of $16.9 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Income jumped 772.16% in 2022, then slumped 152.95% in 2023.
• Over 5 years, Operating Income stood at $23.4 million in 2022, then surged by 36.35% to $31.9 million in 2023, then slumped by 48.28% to $16.5 million in 2024, then increased by 5.59% to $17.4 million in 2025, then climbed by 7.57% to $18.7 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered $18.7 million, $7.7 million, and $17.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.