Shoals Technologies Group, Inc. financial data

Symbol
SHLS on Nasdaq
Location
Portland, TN
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 04 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 229% % -2.2%
Quick Ratio 70% % 0.75%
Debt-to-equity 42% % -15%
Return On Equity 4% % -42%
Return On Assets 4% % 2.2%
Operating Margin 13% % -19%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $877,900,000 USD -77%
Weighted Average Number of Shares Outstanding, Basic 167,369,000 shares 0.03%
Weighted Average Number of Shares Outstanding, Diluted 168,750,000 shares 0.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $433,993,000 USD 2.7%
Cost of Revenue $274,215,000 USD 3.3%
General and Administrative Expense $95,701,000 USD 16%
Operating Income (Loss) $55,464,000 USD -17%
Income Tax Expense (Benefit) $15,274,000 USD -12%
Net Income (Loss) Attributable to Parent $33,270,000 USD 1.2%
Earnings Per Share, Basic 0 USD/shares 0%
Earnings Per Share, Diluted 0 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $8,589,000 USD -23%
Accounts Receivable, after Allowance for Credit Loss, Current $117,464,000 USD 23%
Inventory, Net $60,350,000 USD -8.4%
Other Assets, Current $7,085,000 USD 50%
Assets, Current $201,193,000 USD 5.5%
Deferred Income Tax Assets, Net $443,586,000 USD -3.6%
Property, Plant and Equipment, Net $49,187,000 USD 75%
Operating Lease, Right-of-Use Asset $47,079,000 USD
Goodwill $69,941,000 USD 0%
Other Assets, Noncurrent $5,410,000 USD -43%
Assets $851,791,000 USD 6.3%
Accounts Payable, Current $33,941,000 USD 43%
Employee-related Liabilities, Current $6,993,000 USD 56%
Contract with Customer, Liability, Current $26,099,000 USD 27%
Liabilities, Current $91,877,000 USD -0.04%
Operating Lease, Liability, Noncurrent $39,492,000 USD
Other Liabilities, Noncurrent $991,000 USD -59%
Liabilities $262,151,000 USD 2.4%
Retained Earnings (Accumulated Deficit) $124,031,000 USD 37%
Stockholders' Equity Attributable to Parent $589,640,000 USD 8.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $556,800,000 USD 2.2%
Liabilities and Equity $851,791,000 USD 6.3%

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 $8,589,000 USD -23%
Interest Paid, Excluding Capitalized Interest, Operating Activities $2,279,000 USD -69%
Deferred Tax Assets, Valuation Allowance $3,100,000 USD 214%
Deferred Tax Assets, Gross $466,762,000 USD -2.9%
Operating Lease, Liability $2,116,000 USD -35%
Depreciation $5,600,000 USD 24%
Payments to Acquire Property, Plant, and Equipment $3,209,000 USD 29%
Lessee, Operating Lease, Liability, to be Paid $2,233,000 USD -36%
Property, Plant and Equipment, Gross $65,294,000 USD 62%
Operating Lease, Liability, Current $881,000 USD -23%
Lessee, Operating Lease, Liability, to be Paid, Year Two $950,000 USD -0.84%
Lessee, Operating Lease, Liability, to be Paid, Year One $958,000 USD -24%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) $2,288,000 USD -8.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $117,000 USD -51%
Lessee, Operating Lease, Liability, to be Paid, Year Three $325,000 USD -66%
Deferred Tax Assets, Operating Loss Carryforwards $27,269,000 USD 407%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Additional Paid in Capital $490,879,000 USD 2.3%
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 $463,662,000 USD -3.3%
Share-based Payment Arrangement, Expense $11,500,000 USD -20%
Interest Expense $22,466,000 USD 8.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%