Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSystem solutionsComponentsRevenueGross profitCost of revenueIncome from operationsTotal operating expensesGeneral and administrative expensesDepreciation and amortizationIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax expenseRevenueRevenue$163.37 MGross profitGross profit$49.53 MIncome from operationsIncome from operations$18.72 MIncome before income taxesPretax income$15.50 MNet incomeNet income$12.14 MTotal operating expensesTotal operatingexpenses$30.80 MSystem solutionsSystem solutions$114.18 MIncome tax expenseIncome tax expense$3.36 MGeneral and administrative expensesGeneral andadministrative expenses$28.47 MOther income (expense), net (calculated)Other income,net (calculated)−$3.23 MCost of revenueCost of revenue$113.85 MDepreciation and amortizationDepreciation and amortization$2.34 MComponentsComponents$49.20 M
Chart details

Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
163,372,000 US dollars
Cost of revenue
113,847,000 US dollars
Gross profit
49,525,000 US dollars
Total operating expenses
30,803,000 US dollars
Income from operations
18,722,000 US dollars
Other income (expense), net (calculated)
negative 3,226,000 US dollars
Income before income taxes
15,496,000 US dollars
Income tax expense
3,358,000 US dollars
Net income
12,138,000 US dollars
System solutions
114,175,000 US dollars
Components
49,197,000 US dollars
Depreciation and amortization
2,338,000 US dollars
General and administrative expenses
28,465,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 P&L / Income Statement Sankey chart
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Gross margin

30.3%

Gross profit / revenue

Operating margin

11.5%

Operating profit / revenue

Cash conversion

56.1%

Operating cash / net income, same period

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