Shoals Technologies Group Income Statement 2025-2011 | SHLS

Brief overview of profit and loss at Shoals Technologies Group

The figures are compared over a five-year interval. Shoals Technologies Group reported revenue of $176 million in 2020 and $475 million by 2025. The five-year change reached +170.8%, while CAGR stood at 22%. This pace points to rapid expansion of the business.

Gross profit was 66.5 million dollars at the start and 167 million dollars at the end of the period (+150.2%). Cost of revenue developed less favorably than sales and pressured gross profitability. Comparing the endpoints gives gross margins of 37.9% and 35%. The margin decline reflects a less favorable sales-and-cost structure.

The five-year EBITDA result moved by +50.4%: from 46.7 million dollars to 70.2 million dollars. The operating result developed less favorably than sales. EBITDA margin was 26.6% at the start and 14.8% at the end. The margin contraction indicates weaker operating efficiency.

Over the period, net income shifted from 33.8 million dollars to 33.6 million dollars (−0.6%). There was no meaningful strengthening in net profitability.

Market value was 4.1 billion dollars at the start and 1.2 billion dollars at the end. Capitalization grew more slowly than the underlying results.

Summary assessment

The financial trajectory is weak and requires a cautious interpretation. The constructive conclusion rests on a larger revenue base and stable net income. The overall view is constrained by weaker operating efficiency, a lower gross margin and declining capitalization. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.