Shoals Technologies (SHLS) Selling, General & Administrative (2020 - 2026)
Shoals Technologies' Selling, General & Administrative came in at $28.47 million for Q2 2026, up 23.4% from $23.06 million a year earlier but down 8.2% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Selling, General & Administrative (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shoals Technologies reported Selling, General & Administrative of $116.25 million, up 36.7% year-over-year; for FY2025, it came in at $101.52 million, up 23.4% from FY2024.
- Selling, General & Administrative has increased in each of the last six years, with a five-year compound annual growth rate of 37.0% (FY2020 to FY2025).
- Going back by year, Selling, General & Administrative was $82.25 million in FY2024 (+1.9%), $80.72 million in FY2023 (+44.4%), $55.91 million in FY2022 (+47.5%) and $37.89 million in FY2021 (+80.4%).
- The five-year range for quarterly Selling, General & Administrative is $10.03 million (Q3 2021) to $31.01 million (Q1 2026).
- Year-over-year, Selling, General & Administrative has increased for five consecutive quarters, with growth averaging 18.6% over the last eight quarters.
- The fastest year-over-year change in Selling, General & Administrative over five years came in Q3 2021 (growth of 185.4%), and the weakest in Q3 2024 (a decline of 16.9%).
- Business Quant data shows SHLS's Selling, General & Administrative at $31.01 million (Q1 2026), $27.34 million (Q4 2025) and $29.42 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 1.37 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 71.42 Mn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 51.95 Mn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 108.43 Mn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 73.16 Mn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 100.44 Mn |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 31.33 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 105.10 Mn |
| 10 | Shoals Technologies | 1.37 Bn | 1.33 Bn | 49.53 Mn | 28.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.47 Mn |
| Mar 31, 2026 | 31.01 Mn |
| Dec 31, 2025 | 27.34 Mn |
| Sep 30, 2025 | 29.42 Mn |
| Jun 30, 2025 | 23.06 Mn |
| Mar 31, 2025 | 21.69 Mn |
| Dec 31, 2024 | 21.52 Mn |
| Sep 30, 2024 | 18.74 Mn |
| Jun 30, 2024 | 19.22 Mn |
| Mar 31, 2024 | 22.77 Mn |
| Dec 31, 2023 | 21.45 Mn |
| Sep 30, 2023 | 22.55 Mn |
| Jun 30, 2023 | 16.72 Mn |
| Mar 31, 2023 | 19.99 Mn |
| Dec 31, 2022 | 14.87 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Jun 30, 2022 | 13.27 Mn |
| Mar 31, 2022 | 13.92 Mn |
| Dec 31, 2021 | 11.03 Mn |
| Sep 30, 2021 | 10.03 Mn |
API Access
Shoals Technologies Selling, General & Administrative 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=selling-general-and-administrative&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();