Shoals Technologies Group (SHLS) Revenue & Revenue Breakdown
Shoals Technologies Group Revenue Highlights
Latest Revenue (Y)
$475.33M
Latest Revenue (Q)
$135.80M
Main Segment (Y)
System Solutions
Shoals Technologies Group Revenue by Period
Shoals Technologies Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $475.33M | 19.07% |
| 2024-12-31 | $399.21M | -18.35% |
| 2023-12-31 | $488.94M | 49.55% |
| 2022-12-31 | $326.94M | 53.34% |
| 2021-12-31 | $213.21M | 21.48% |
| 2020-12-31 | $175.52M | 21.47% |
| 2019-12-31 | $144.50M | 39.27% |
| 2018-12-31 | $103.75M | - |
Shoals Technologies Group generated $475.33M in revenue during NA 2025, up 19.07% compared to the previous quarter, and up 270.82% compared to the same period a year ago.
Shoals Technologies Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $135.80M | 22.52% |
| 2025-06-30 | $110.84M | 37.93% |
| 2025-03-31 | $80.36M | -24.89% |
| 2024-12-31 | $106.99M | 4.72% |
| 2024-09-30 | $102.17M | 2.94% |
| 2024-06-30 | $99.25M | 9.30% |
| 2024-03-31 | $90.81M | -30.38% |
| 2023-12-31 | $130.44M | -2.81% |
| 2023-09-30 | $134.21M | 12.58% |
| 2023-06-30 | $119.21M | 13.44% |
| 2023-03-31 | $105.09M | 11.02% |
| 2022-12-31 | $94.65M | 4.21% |
| 2022-09-30 | $90.82M | 23.59% |
| 2022-06-30 | $73.49M | 8.11% |
| 2022-03-31 | $67.98M | 41.48% |
| 2021-12-31 | $48.05M | -19.71% |
| 2021-09-30 | $59.84M | 0.20% |
| 2021-06-30 | $59.72M | 30.96% |
| 2021-03-31 | $45.60M | 17.68% |
| 2020-12-31 | $38.75M | -26.32% |
| 2020-09-30 | $52.60M | 21.12% |
| 2020-06-30 | $43.43M | 6.60% |
| 2020-03-31 | $40.74M | 7.54% |
| 2019-12-31 | $37.88M | - |
Shoals Technologies Group generated $135.80M in revenue during Q3 2025, up 22.52% compared to the previous quarter, and up 136.83% compared to the same period a year ago.
Shoals Technologies Group Revenue Breakdown
Shoals Technologies Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Components | $101.14M | $93.06M | $90.56M | $72.53M | - |
| System Solutions | $374.19M | $306.14M | $398.38M | $254.41M | $155.82M |
| Solar Components | - | - | - | - | $57.39M |
Latest
Shoals Technologies Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: System Solutions (78.72%), and Components (21.28%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Components | $26.34M | $25.40M | $26.43M | $22.97M | $43.74M | $23.58M | $25.75M | $24.87M | $34.75M | $17.15M | $13.79M | $13.37M | $21.34M | - | - | - | - | - | - |
| System Solutions | $121.98M | $110.40M | $84.41M | $57.39M | $162.50M | $78.59M | $65.06M | $105.56M | $99.46M | $102.06M | $91.30M | $81.28M | $69.49M | $56.82M | $46.83M | $32.57M | $38.64M | $51.24M | $33.37M |
| Solar Components | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.67M | $21.15M | $15.48M | $21.20M | $8.48M | $12.23M |
Latest
Shoals Technologies Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: System Solutions (82.24%), and Components (17.76%).
Shoals Technologies Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CSIQ | Canadian Solar | $7.61B | $1.33B |
| CLMT | Calumet | $4.14B | $1.08B |
| BTE | Baytex Energy | $3.38B | $775.02M |
| EFXT | Enerflex | $3.16B | $860.40M |
| TALO | Talos Energy | $1.78B | $450.05M |
| XPRO | Expro Group | $1.61B | $411.36M |
| ARRY | Array | $1.28B | $393.49M |
| SEDG | SolarEdge | $1.18B | $340.18M |
| AESI | Atlas Energy Solutions | $1.10B | $259.61M |
| SHLS | Shoals Technologies Group | $475.33M | $135.80M |
| IMSR | Terrestrial Energy | $248.36K | - |