The table below shows Shoals Technologies Group, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$140.56M
$135.80M
$110.84M
$80.36M
$102.17M
$99.25M
Cost of revenue
$99.55M
$85.55M
$69.64M
$52.22M
$76.79M
$59.25M
Gross profit
$41.01M
$50.25M
$41.20M
$28.14M
$25.38M
$40.00M
R&D
-
-
-
-
-
-
SHLS annual revenue (10-K history)
Shoals Technologies Group, Inc. reported annual revenue of $475.33M for fiscal year 2025. That is up 19.1% from $399.21M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $144.50M (FY 2019) to $475.33M. Figures come from the company's audited annual reports as filed with the SEC.