Shoals Technologies Group financials
$7.77+4.72%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $163.4M | $140.6M | $148.3M | $135.8M | $110.8M | $80.4M | $107.0M | $102.2M | $99.2M | $90.8M | $130.4M | $134.2M |
| Gross profit | $49.5M | $41.0M | $46.9M | $50.3M | $41.2M | $28.1M | $40.2M | $25.4M | $40.0M | $36.5M | $55.4M | $14.2M |
| Gross margin | 30.3% | 29.2% | 31.6% | 37.0% | 37.2% | 35.0% | 37.6% | 24.8% | 40.3% | 40.2% | 42.5% | 10.5% |
| Operating income | $18.7M | $7.7M | $17.4M | $18.7M | $16.0M | $4.3M | $16.5M | $4.5M | $18.6M | $11.6M | $31.9M | -$10.6M |
| Net income | $12.1M | -$297.0K | $8.1M | $11.9M | $13.9M | -$282.0K | $7.8M | -$267.0K | $11.8M | $4.8M | $16.6M | -$9.8M |
| Net margin | 7.4% | −0.2% | 5.5% | 8.7% | 12.5% | −0.4% | 7.3% | −0.3% | 11.9% | 5.3% | 12.7% | −7.3% |
| Diluted EPS | $0.07 | $0.00 | $0.05 | $0.07 | $0.08 | $0.00 | $0.05 | $0.00 | $0.07 | $0.03 | $0.10 | $-0.06 |
| EBITDA | $23.4M | $11.8M | $21.2M | $22.0M | $19.3M | $7.6M | $19.8M | $7.7M | $21.8M | $14.6M | $31.9M | -$7.9M |
| Operating cash flow | $6.8M | -$41.4M | -$4.1M | $19.4M | -$13.8M | $15.6M | $14.0M | $15.7M | $37.8M | $12.9M | $26.4M | $27.7M |
| Free cash flow | -$207.0K | -$49.1M | -$11.3M | $9.0M | -$26.0M | $12.3M | $12.5M | $13.3M | $35.8M | $10.4M | $23.5M | $24.4M |
| Diluted shares | 170.0M | 167.6M | 170.2M | 168.8M | 167.6M | 167.0M | 166.9M | 167.4M | 170.1M | 170.5M | 170.7M | 170.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $15.7M | $1.9M | $7.3M | $8.6M | $4.7M | $35.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $196.8M | $181.8M | $136.8M | $126.8M | $131.8M | $141.8M |
| Total assets | $1.02B | $1.03B | $904.1M | $851.8M | $795.0M | $788.4M |
| Total liabilities | $399.7M | $429.2M | $304.1M | $262.2M | $219.6M | $229.5M |
| Shareholders' equity | $617.2M | $601.6M | $600.0M | $589.6M | $575.4M | $558.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology