Shoals Technologies (SHLS) Income After Tax (2020 - 2026)
Shoals Technologies' Income After Tax came in at $17.87 million for Q3 2026, up 50.4% from $11.88 million a year earlier and up 47.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Income After Tax (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shoals Technologies reported Income After Tax of $37.83 million, up 13.7% year-over-year; for FY2025, it came in at $33.57 million, up 39.2% from FY2024.
- Income After Tax carries a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by year, Income After Tax was $24.13 million in FY2024 (-43.4%), $42.66 million in FY2023 (-70.2%), $143.01 million in FY2022 and $3.94 million in FY2021 (-88.3%).
- The Q3 2026 figure represents the highest quarterly Income After Tax since Q2 2023.
- Year-over-year, Income After Tax increased in three of the last five quarters, with growth averaging 1.3%.
- The fastest year-over-year change in Income After Tax over five years came in Q1 2023 (growth of 265.3%), and the weakest in Q4 2023 (a decline of 86.0%).
- Business Quant data shows SHLS's Income After Tax at $12.14 million (Q2 2026), -$297,000 (Q1 2026) and $8.12 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 1.29 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 248.98 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 571.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 165.45 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 101.98 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 108.95 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 109.20 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 89.57 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 7.80 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn | 17.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.87 Mn |
| 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 | 12.76 Mn |
| Jun 30, 2022 | 7.30 Mn |
| Mar 31, 2022 | 4.65 Mn |
| Dec 31, 2021 | -2.15 Mn |
API Access
Shoals Technologies Income After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();