Saturday 17 October 2026 Export SHLS’s income statement to Excel — free account

Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $475.3 million, up 19.1% from fiscal 2024. In the quarter to June 2026, revenue grew 47.4%, EPS fell 12.5%, free cash flow grew 99.0% and total debt rose 49.3%, each against the same quarter a year earlier.

7.17 0.59 −7.60%

Follow SHLS

Alert me

Market cap: $1.3B
P/E: 38.1×
Fwd P/E: 42.0×
Dividend yield: —
F-score: 6/9
Altman Z: 3.91
Beneish M: −1.94
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	8	6	4	3
ROE Full definition →		5.86%	5.80%	5.78%	5.34%
ROA Full definition →		4.03%	3.96%	3.69%	3.51%
ROIC Full definition →		4.90%	4.83%	4.78%	4.89%
Return on Tangible Assets Full definition →		20.99%	18.26%	14.38%	11.87%
Average Days of Receivables Full definition →		105.27	115.89	142.52	97.78
Free Cash Flow per Share Full definition →		0.08	(0.07)	(0.43)	(0.31)
Free Cash Flow Full definition →		12.82	(10.89)	(72.33)	(51.59)
Capital Expenditures Full definition →		(22.32)	(27.95)	(32.39)	(32.28)
Other line items
Cash ROIC Full definition →		1.77%	(1.46%)	(9.21%)	(6.22%)
Accounts Receivable Turnover Full definition →		3.71	3.80	3.73	4.34
Accounts Payable Turnover Full definition →		9.51	7.27	6.65	8.41
Inventory Turnover Full definition →		4.35	4.23	3.24	3.31
Average Days of Payables Full definition →		45.18	76.68	82.42	60.15
Days of Inventory on Hand Full definition →		80.33	106.23	162.94	168.41
Tax Rate Full definition →		(0.31)	(0.31)	(0.27)	(0.29)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		22.05%	21.36%	20.70%	19.77%
Share Based Compensation of Revenue Full definition →		2.65%	2.08%	1.97%	2.10%
Interest Coverage Full definition →		5.33	5.64	5.70	5.33
Operating CF/Net income Full definition →		1.06	0.51	(1.19)	(0.61)
Depreciation/Fixed assets Full definition →		0.28	0.27	0.26	0.26
Capex/Depreciation Full definition →		(1.61)	(1.94)	(2.12)	(1.95)
Revenue per Share Full definition →		2.59	2.84	3.20	3.50
Operating CF per Share Full definition →		0.21	0.10	(0.24)	(0.11)
Capex per Share Full definition →		(0.13)	(0.17)	(0.19)	(0.19)
Capex to Sales Full definition →		0.05	0.06	0.06	0.05

Show all line items

Columns are period end dates

Stockrow Weekly