Shoals Technologies (SHLS) Profit After Tax (2020 - 2026)
Shoals Technologies posted quarterly Profit After Tax of -$297000.0 for Q1 2026, down 5.32% year-on-year from -$313685.4 in Q1 2025, and down 103.66% on a QoQ basis from $8.1 million in Q4 2025.
Shoals Technologies (SHLS) has 7 years of Profit After Tax data on file, last reported 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.
- Across five years, Profit After Tax topped out at $112.6 million in Q4 2022 and bottomed at -$9.8 million in Q3 2023.
- The 5-year median for Profit After Tax is $8.1 million (2025), against an average of $14.1 million.
- The widest annual swing landed in 2023, when Profit After Tax plunged 177.03%; it then soared 4549.06% in 2025.
- A 5-year view of Profit After Tax shows it stood at $112.6 million in 2022, then tumbled by 82.89% to $19.3 million in 2023, then plunged by 59.43% to $7.8 million in 2024, then advanced by 3.89% to $8.1 million in 2025, then slumped 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 130.80 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -7.41 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -57.37 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -297.33 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -297,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -127.64 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -1.75 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 | 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 |
| Mar 31, 2021 | -11.01 Mn |
| Dec 31, 2020 | 4.25 Mn |
| Sep 30, 2020 | 15.00 Mn |
| Jun 30, 2020 | 5.22 Mn |
| Mar 31, 2020 | 9.30 Mn |