Shoals Technologies (SHLS) Retained Earnings (2021 - 2026)

Shoals Technologies' Retained Earnings history runs 6 years deep, the most recent figure standing at $131.9 million for Q1 2026.

• Quarterly Retained Earnings rose 34.14% year-over-year to $131.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $131.9 million (up 34.14% YoY) and the FY2025 annual result came in at $132.2 million, up 34.06% from the prior year.
• Retained Earnings was $131.9 million for Q1 2026 at Shoals Technologies, roughly flat from $132.2 million in the prior quarter.
• Across five years, Retained Earnings topped out at $488.5 million in Q2 2025 and bottomed at -$90.5 million in Q1 2022.
• A 5-year average of $184.5 million and a median of $104.5 million in 2022 frame the typical range for Retained Earnings.
• Annual changes were most pronounced in 2022 — Retained Earnings slumped 209.14% — and 2023, when it surged 605.35%.
• Shoals Technologies' Retained Earnings stood at $34.5 million in 2022, then surged by 115.94% to $74.5 million in 2023, then soared by 32.41% to $98.6 million in 2024, then jumped by 34.06% to $132.2 million in 2025, then dropped by 0.22% to $131.9 million in 2026.
• Business Quant data shows SHLS's Retained Earnings at $131.9 million in Q1 2026, $132.2 million in Q4 2025, and $124.0 million in Q3 2025.