Shoals Technologies (SHLS) Profit After Tax (2020 - 2026)

Shoals Technologies (SHLS) reported Profit After Tax of -$297000.0 for Q1 2026, down 5.32% on a YoY basis from -$313685.4 in Q1 2025, and down 103.66% quarter-over-quarter from $8.1 million in Q4 2025.

Shoals Technologies (SHLS) Profit After Tax (2020 - 2026) Analysis & Trends

Shoals Technologies has reported Profit After Tax for 7 years, with the latest figure at -$297000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Profit After Tax fell 5.32% year-over-year to -$297000.0; the trailing twelve-month figure through Mar 2026 stood at $33.6 million (up 75.97% YoY), and the FY2025 full-year result was $33.6 million, up 39.16% from the prior year.
  • Profit After Tax for Q1 2026 stood at -$297000.0, down from $8.1 million in the prior quarter.
  • The five-year high for Profit After Tax was $112.6 million in Q4 2022, with the low at -$9.8 million in Q3 2023.
  • Historically, Profit After Tax has averaged $14.1 million across 5 years, with a median of $8.1 million in 2025.
  • Annual changes were most pronounced in 2023 — Profit After Tax slumped 177.03% — and 2025, when it soared 4549.06%.
  • Shoals Technologies' Profit After Tax stood at $112.6 million in 2022, then plunged by 82.89% to $19.3 million in 2023, then sank by 59.43% to $7.8 million in 2024, then gained by 3.89% to $8.1 million in 2025, then tumbled by 103.66% to -$297000.0 in 2026.
  • The last three Profit After Tax figures came in at -$297000.0 (Q1 2026), $8.1 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 346.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 150.60 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -7.41 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -57.37 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -297.33 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -297,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 2.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -127.64 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -1.75 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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 19.27 Mn
Sep 30, 2023 -9.83 Mn
Jun 30, 2023 18.92 Mn
Mar 31, 2023 16.98 Mn
Dec 31, 2022 112.61 Mn
Sep 30, 2022 12.76 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