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NASDAQ: SHLS
Shoals Technologies Group Revenue

OverviewForecastEarningsRevenue
DividendOwnership
Shoals Technologies Group revenue was $399.21M for the trailing 12 months ending Dec 31, 2024, with -41.7% growth year over year. Quarterly revenue for the quarter (Q4 2024) ending on Dec 31, 2024 was $107.0M, up 4.7% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, SHLS annual revenue was $399.2M, with -18.4% growth year-over-year.

SHLS past revenue growth

How has SHLS's revenue growth performed historically?

Company
-18.35%
Industry
1.61%
Market
20.27%
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Revenue Growth vs Industry Performance
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Revenue Growth vs Market Performance
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Accelerating Revenue Growth Performance

SHLS revenue history

Current Revenue
$399.2M
Current Earnings
$24.1M
Current Profit Margin
6%

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SHLS Revenue History By Year

SHLS Yearly RevenueSHLS RevenueSHLS ChangeSHLS Revenue Growth
2024-12-31$399.21M-$89.73M-18.35%
2023-12-31$488.94M$162.00M+49.55%
2022-12-31$326.94M$113.73M+53.34%
2021-12-31$213.21M$37.69M+21.48%
2020-12-31$175.52M$31.02M+21.47%
2019-12-31$144.50M$40.75M+39.27%
2018-12-31$103.75MN/AN/A

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Shoals Technologies Group Revenue FAQ

What was SHLS's revenue last quarter?

On Invalid Date, Shoals Technologies Group (NASDAQ: SHLS) reported Q4 2024 revenue of $106.99 million up 17.98% year over year. In the same quarter last year, Shoals Technologies Group's revenue was $130.44 million.

What was Shoals Technologies Group's revenue in 2024?

Shoals Technologies Group's annual revenue for the twelve months ending Dec 31, 2024 was $399.21 million, a 18.35% decrease year over year.

How much does Shoals Technologies Group make in a day?

Based on Shoals Technologies Group annual revenue for the past five years, SHLS makes an average of $878,803.84 per day.

What was Shoals Technologies Group's annual revenue growth in the past year?

As of Q2 2025, Shoals Technologies Group's revenue has grown -18.35% year over year. This is 19.96 percentage points lower than the US Solar industry revenue growth rate of 1.61%. Shoals Technologies Group's revenue in the past year totaled $399.21 million.

How much does Shoals Technologies Group make in a year?

Shoals Technologies Group's revenue by year for the past five years is:
  • Shoals Technologies Group's revenue for the twelve months ending Dec 31, 2024 was $399.21 million, a 18.35% decrease year over year.
  • Shoals Technologies Group's annual revenue for Dec 31, 2023 was $488.94 million, a 49.55% increase from 2022.
  • Shoals Technologies Group's annual revenue for 2022 was $326.94 million, a 53.34% increase from 2021.
  • Shoals Technologies Group's annual revenue for 2021 was $213.21 million, a 21.48% increase from 2020.
  • Shoals Technologies Group's annual revenue for 2020 was $175.52 million, a 21.47% increase from 2019.
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