Shoals Technologies SHLS
NASDAQ SHLS
$7.11 +0.05 (+0.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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