Shoals Technologies (SHLS) Revenue (2020 - 2026)
Shoals Technologies' (SHLS) quarterly Revenue came in at $163.4 million in Q2 2026, up 47.39% on a YoY basis from $110.8 million in Q2 2025, and up 16.23% quarter-over-quarter from $140.6 million in Q1 2026.
Analysis
Shoals Technologies (SHLS) Revenue (2020 - 2026) Analysis & Trends
Shoals Technologies (SHLS) has reported Revenue for 7 consecutive years, with $163.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue rose 47.39% year-over-year to $163.4 million; the trailing twelve-month figure through Jun 2026 stood at $588.1 million (up 46.88% YoY), and the FY2025 full-year result was $475.3 million, up 19.07% from the prior year.
- Revenue advanced to $163.4 million in Q2 2026 per SHLS's latest filing, from $140.6 million in the prior quarter.
- Across five years, Revenue topped out at $163.4 million in Q2 2026 and bottomed at $68.0 million in Q1 2022.
- Historically, Revenue has averaged $110.8 million across 5 years, with a median of $106.0 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 97.0% in 2022, then declined 23.88% in 2024.
- Over 5 years, Revenue stood at $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, then grew by 10.14% to $163.4 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $163.4 million, $140.6 million, and $148.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 1.06 Bn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 935.17 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 291.85 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 346.25 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 250.13 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 163.37 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.21 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 342.07 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 1.82 Bn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 118.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 163.37 Mn |
| Mar 31, 2026 | 140.56 Mn |
| Dec 31, 2025 | 148.33 Mn |
| Sep 30, 2025 | 135.80 Mn |
| Jun 30, 2025 | 110.84 Mn |
| Mar 31, 2025 | 80.36 Mn |
| Dec 31, 2024 | 106.99 Mn |
| Sep 30, 2024 | 102.17 Mn |
| Jun 30, 2024 | 99.25 Mn |
| Mar 31, 2024 | 90.81 Mn |
| Dec 31, 2023 | 130.44 Mn |
| Sep 30, 2023 | 134.21 Mn |
| Jun 30, 2023 | 119.21 Mn |
| Mar 31, 2023 | 105.09 Mn |
| Dec 31, 2022 | 94.65 Mn |
| Sep 30, 2022 | 90.82 Mn |
| Jun 30, 2022 | 73.49 Mn |
| Mar 31, 2022 | 67.98 Mn |
| Dec 31, 2021 | 48.05 Mn |
| Sep 30, 2021 | 59.84 Mn |