Shoals Technologies (SHLS) Profit After Tax (2020 - 2026)
Shoals Technologies (SHLS) posted Profit After Tax of -$297000.0 for Q1 2026, down 103.66% on a QoQ basis from $8.1 million in Q4 2025, and down 5.32% year-over-year from -$313685.4 in Q1 2025.
Shoals Technologies (SHLS) Profit After Tax (2020 - 2026) Analysis & Trends
Shoals Technologies' Profit After Tax history runs 7 years deep, the most recent figure standing at -$297000.0 for Q1 2026.
- Quarterly Profit After Tax fell 5.32% year-over-year to -$297000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.6 million (up 75.97% YoY) and the FY2025 annual result came in at $33.6 million, up 39.16% from the prior year.
- Profit After Tax was -$297000.0 for Q1 2026 at Shoals Technologies, down from $8.1 million in the prior quarter.
- Across five years, Profit After Tax topped out at $118.3 million in Q4 2022 and bottomed at -$9.8 million in Q3 2023.
- A 5-year average of $14.0 million and a median of $8.0 million in 2022 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2023 — Profit After Tax sank 223.5% — and 2025, when it soared 4549.06%.
- Shoals Technologies' Profit After Tax stood at $118.3 million in 2022, then plunged by 85.98% to $16.6 million in 2023, then slumped by 52.85% to $7.8 million in 2024, then climbed by 3.89% to $8.1 million in 2025, then sank by 103.66% to -$297000.0 in 2026.
- Business Quant data shows SHLS's Profit After Tax at -$297000.0 in Q1 2026, $8.1 million in Q4 2025, and $11.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -7.41 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -127.64 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -57.37 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -297.33 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -297,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -130.80 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 2.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 28.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -297,000.00 |
| Dec 31, 2025 | 8.12 Mn |
| Sep 30, 2025 | 11.88 Mn |
| Jun 30, 2025 | 13.86 Mn |
| Mar 31, 2025 | -282,000.00 |
| Dec 31, 2024 | 7.82 Mn |
| Sep 30, 2024 | -267,000.00 |
| Jun 30, 2024 | 11.80 Mn |
| Mar 31, 2024 | 4.77 Mn |
| Dec 31, 2023 | 16.58 Mn |
| Sep 30, 2023 | -9.83 Mn |
| Jun 30, 2023 | 18.92 Mn |
| Mar 31, 2023 | 16.98 Mn |
| Dec 31, 2022 | 118.30 Mn |
| Sep 30, 2022 | 7.96 Mn |
| Jun 30, 2022 | 7.30 Mn |
| Mar 31, 2022 | 4.65 Mn |
| Dec 31, 2021 | -4.83 Mn |
| Sep 30, 2021 | 5.28 Mn |
| Jun 30, 2021 | 9.15 Mn |