Shoals Technologies Group, Inc. financial data

Symbol
SHLS on Nasdaq
Location
Portland, TN
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 24 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 220% % -5%
Quick Ratio 70% % -3.5%
Debt-to-equity 42% % -15%
Return On Equity 4.4% % -42%
Return On Assets 4% % 34%
Operating Margin 12% % -7.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $501,500,000 USD -43%
Weighted Average Number of Shares Outstanding, Basic 167,257,000 shares -0.78%
Weighted Average Number of Shares Outstanding, Diluted 168,378,000 shares -0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $475,331,000 USD 19%
Cost of Revenue $308,823,000 USD 20%
General and Administrative Expense $101,524,000 USD 23%
Operating Income (Loss) $56,385,000 USD 10%
Income Tax Expense (Benefit) $14,944,000 USD 8.8%
Net Income (Loss) Attributable to Parent $33,574,000 USD 39%
Earnings Per Share, Basic 0.2 USD/shares 43%
Earnings Per Share, Diluted 0.2 USD/shares 43%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $7,320,000 USD -69%
Accounts Receivable, after Allowance for Credit Loss, Current $128,793,000 USD 65%
Inventory, Net $89,878,000 USD 61%
Other Assets, Current $9,762,000 USD -0.88%
Assets, Current $257,886,000 USD 37%
Deferred Income Tax Assets, Net $438,027,000 USD -3.6%
Property, Plant and Equipment, Net $53,302,000 USD 89%
Operating Lease, Right-of-Use Asset $46,044,000 USD 2478%
Goodwill $69,941,000 USD 0%
Other Assets, Noncurrent $5,402,000 USD -43%
Assets $904,101,000 USD 14%
Accounts Payable, Current $64,875,000 USD 224%
Employee-related Liabilities, Current $6,532,000 USD 31%
Contract with Customer, Liability, Current $37,031,000 USD 98%
Liabilities, Current $127,323,000 USD 57%
Operating Lease, Liability, Noncurrent $38,661,000 USD 3030%
Other Liabilities, Noncurrent $991,000 USD 0%
Liabilities $304,128,000 USD 29%
Retained Earnings (Accumulated Deficit) $132,153,000 USD 34%
Stockholders' Equity Attributable to Parent $589,640,000 USD 8.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $599,973,000 USD 7.8%
Liabilities and Equity $904,101,000 USD 14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $15,558,000 USD 21%
Net Cash Provided by (Used in) Financing Activities $251,000 USD 99%
Net Cash Provided by (Used in) Investing Activities $3,209,000 USD -29%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $12,098,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $7,320,000 USD -69%
Interest Paid, Excluding Capitalized Interest, Operating Activities $2,279,000 USD -69%
Deferred Tax Assets, Valuation Allowance $3,043,000 USD -1.8%
Deferred Tax Assets, Gross $458,857,000 USD -1.7%
Operating Lease, Liability $41,878,000 USD 1879%
Depreciation $6,200,000 USD 24%
Payments to Acquire Property, Plant, and Equipment $3,209,000 USD 29%
Lessee, Operating Lease, Liability, to be Paid $58,844,000 USD 2535%
Property, Plant and Equipment, Gross $70,790,000 USD 71%
Operating Lease, Liability, Current $3,217,000 USD 265%
Lessee, Operating Lease, Liability, to be Paid, Year Two $5,597,000 USD 489%
Lessee, Operating Lease, Liability, to be Paid, Year One $6,070,000 USD 534%
Operating Lease, Weighted Average Discount Rate, Percent 0.071 pure 58%
Deferred Income Tax Expense (Benefit) $2,288,000 USD -8.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $16,966,000 USD 14401%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,431,000 USD 1571%
Deferred Tax Assets, Operating Loss Carryforwards $55,562,000 USD 104%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $5,596,000 USD
Additional Paid in Capital $493,090,000 USD 2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $7,600,000 USD 0%
Depreciation, Depletion and Amortization $3,287,000 USD 9.5%
Deferred Tax Assets, Net of Valuation Allowance $455,814,000 USD -1.7%
Share-based Payment Arrangement, Expense $9,900,000 USD -30%
Interest Expense $22,466,000 USD 8.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%