Shoals Technologies SHLS
NASDAQ SHLS
$7.09 -0.28 (-3.80%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Shoals Technologies' (SHLS) quarterly Profit After Tax came in at -$297000.0 in Q1 2026, down 5.32% YoY from -$313685.4 in Q1 2025, and down 103.66% on a QoQ basis from $8.1 million in Q4 2025.

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

Shoals Technologies (SHLS) has 7 years of Profit After Tax data on file, last reported at -$297000.0 in 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 declined to -$297000.0 in Q1 2026, from $8.1 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $118.3 million in Q4 2022 to a low of -$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 slumped 223.5% — and 2025, when it soared 4549.06%.
  • Tracing SHLS's Profit After Tax over 5 years: stood at $118.3 million in 2022, then slumped by 85.98% to $16.6 million in 2023, then plunged by 52.85% 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 23.03 Bn 21.30 Bn 605.00 Mn 422.57 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 165.36 Mn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 36.08 Mn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn -208.17 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -30.75 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 12.14 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn -130.80 Mn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -127.64 Mn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 24.35 Mn
10 Toyo 181.99 Mn 105.35 Mn 47.76 Mn 28.38 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 12.14 Mn
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