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Shoals Technologies Group, Inc. income statement

In fiscal 2025, Shoals Technologies Group, Inc. reported revenue of $475m, up 19.1% on the year before, operating income of $56.4m (a 11.9% margin) and net income of $33.6m, or $0.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue144176213327489399475588
Cost of revenue100109131196321257309400
Gross profit446783131168142167188
General and administrative92138568182102116
Operating income2737366679515663
Interest expense24151924141012
Income before tax——4152553849—
Income tax000912141513
Net income2534212840243432
Diluted EPS——$0.00$0.85$0.24$0.14$0.20$0.19
Diluted shares (average)——99m168m165m169m168m169m
EBITDA3647467790647075

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Shoals Technologies Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Shoals Technologies Group, Inc.