Growth Metrics

Shoals Technologies (SHLS) Revenue (2020 - 2025)

Shoals Technologies (SHLS) has disclosed Revenue for 6 consecutive years, with $148.3 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Revenue rose 38.64% year-over-year to $148.3 million, compared with a TTM value of $475.3 million through Dec 2025, up 19.07%, and an annual FY2025 reading of $475.3 million, up 19.07% over the prior year.
  • Revenue was $148.3 million for Q4 2025 at Shoals Technologies, up from $135.8 million in the prior quarter.
  • Across five years, Revenue topped out at $148.3 million in Q4 2025 and bottomed at $45.6 million in Q1 2021.
  • Average Revenue over 5 years is $95.2 million, with a median of $96.9 million recorded in 2022.
  • The sharpest move saw Revenue surged 97.0% in 2022, then decreased 23.88% in 2024.
  • Year by year, Revenue stood at $48.0 million in 2021, then skyrocketed by 97.0% to $94.7 million in 2022, then surged by 37.81% to $130.4 million in 2023, then dropped by 17.98% to $107.0 million in 2024, then surged by 38.64% to $148.3 million in 2025.
  • Business Quant data shows Revenue for SHLS at $148.3 million in Q4 2025, $135.8 million in Q3 2025, and $110.8 million in Q2 2025.