Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Shoals Technologies Group, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $6,808,000.00Net income → Operating adjustments reconciliation: $5,330,000.00Deferred revenue → Operating adjustments reconciliation: $24,902,000.00Accrued expenses and other → Operating adjustments reconciliation: $7,516,000.00Depreciation and amortization → Operating adjustments reconciliation: $4,631,000.00Equity-based compensation → Operating adjustments reconciliation: $4,381,000.00Provision for warranty expense → Operating adjustments reconciliation: $3,842,000.00Deferred taxes → Operating adjustments reconciliation: $3,358,000.00Other → Operating adjustments reconciliation: $1,764,000.00Provision for obsolete or slow-moving inventory → Operating adjustments reconciliation: $1,727,000.00Amortization/write off of deferred financing costs → Operating adjustments reconciliation: $155,000.00Operating adjustments reconciliation → Inventory: $27,454,000.00Operating adjustments reconciliation → Accounts payable: $14,356,000.00Operating adjustments reconciliation → Unbilled receivables: $7,382,000.00Operating adjustments reconciliation → Accounts receivable: $5,617,000.00Operating adjustments reconciliation → Warranty liability: $1,593,000.00Operating adjustments reconciliation → Litigation receivable and settlement liabilities: $942,000.00Operating adjustments reconciliation → Other assets: $262,000.00Proceeds from revolving credit facility → financing reconciliation: $15,000,000.00financing reconciliation → Net cash from financing activities: $14,054,000.00financing reconciliation → Employee withholding taxes related to net settled equity awards: $946,000.00Net cash used in investing activities → investing reconciliation: $7,015,000.00investing reconciliation → Purchases of property, plant and equipment: $7,015,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,877,000.00Net cash from operating activities → Cash sources and uses: $6,808,000.00Net cash from financing activities → Cash sources and uses: $14,054,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $15,724,000.00Cash sources and uses → Net cash used in investing activities: $7,015,000.00Depreciation and amortization: $4,631,000.00Depreciation & amortization+$4.63 MAmortization/write off of deferred financing costs: $155,000.00Debt issuance cost amortization+$155.00 KEquity-based compensation: $4,381,000.00Stock-based compensation+$4.38 MProvision for obsolete or slow-moving inventory: $1,727,000.00Inventory write-downs+$1.73 MProvision for warranty expense: $3,842,000.00Provision for warranty expense+$3.84 MAccrued expenses and other: $7,516,000.00Accrued & other liabilities+$7.52 MAccounts payable: -$14,356,000.00Accounts payable−$14.36 MDeferred taxes: $3,358,000.00Deferred income taxes+$3.36 MDeferred revenue: $24,902,000.00Deferred revenue+$24.90 MNet income: $12,138,000.00Net income+$12.14 MOther: $1,764,000.00Other operating, net+$1.76 MAccounts receivable: -$5,617,000.00Accounts receivable−$5.62 MUnbilled receivables: -$7,382,000.00Contract assets−$7.38 MInventory: -$27,454,000.00Inventories−$27.45 MOther assets: -$262,000.00Other current assets−$262.00 KWarranty liability: -$1,593,000.00Warranty liability−$1.59 MLitigation receivable and settlement liabilities: -$942,000.00Settlement receivables−$942.00 KNet cash from operating activities: $6,808,000.00Operating cash+$6.81 MOperating adjustments reconciliation: $57,606,000.00Employee withholding taxes related to net settled equity awards: -$946,000.00Stock-award tax withholding−$946.00 KProceeds from revolving credit facility: $15,000,000.00Long-term credit line borrowings+$15.00 MRepayments of revolving credit facility - Revolving Credit Facility: $0.00Excise taxes on treasury stock transactions: $0.00Net cash from financing activities: $14,054,000.00Financing cash+$14.05 Mfinancing reconciliation: $15,000,000.00Proceeds from sale of property, plant and equipment: $0.00Purchases of property, plant and equipment: -$7,015,000.00PP&E purchases−$7.02 MNet cash used in investing activities: -$7,015,000.00. Cash required to fund net payments.Investing cash−$7.02 Minvesting reconciliation: $7,015,000.00Cash sources and uses: $22,739,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,877,000.00Beginning cash$1.88 MEnding cash: Cash, cash equivalents, and restricted cash: $15,724,000.00Ending cash$15.72 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow−$207.00 KOperating cash − cash spent on PP&ECash flow / Net income0.56×Operating cash flow ÷ net incomeNet cash change+$13.85 MEnding cash − beginning cash
Chart details

Shoals Technologies Group, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
1,877,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
6,808,000 US dollars. Net cash provided.
Net income
12,138,000 US dollars
Depreciation and amortization
4,631,000 US dollars
Amortization/write off of deferred financing costs
155,000 US dollars
Equity-based compensation
4,381,000 US dollars
Provision for obsolete or slow-moving inventory
1,727,000 US dollars
Provision for warranty expense
3,842,000 US dollars
Accrued expenses and other
7,516,000 US dollars
Accounts payable
negative 14,356,000 US dollars
Deferred taxes
3,358,000 US dollars
Deferred revenue
24,902,000 US dollars
Other
1,764,000 US dollars
Accounts receivable
negative 5,617,000 US dollars
Unbilled receivables
negative 7,382,000 US dollars
Inventory
negative 27,454,000 US dollars
Other assets
negative 262,000 US dollars
Warranty liability
negative 1,593,000 US dollars
Litigation receivable and settlement liabilities
negative 942,000 US dollars
Investing activities
negative 7,015,000 US dollars. Net cash used.
Proceeds from sale of property, plant and equipment
0 US dollars
Purchases of property, plant and equipment
negative 7,015,000 US dollars
Financing activities
14,054,000 US dollars. Net cash provided.
Employee withholding taxes related to net settled equity awards
negative 946,000 US dollars
Proceeds from revolving credit facility
15,000,000 US dollars
Repayments of revolving credit facility - Revolving Credit Facility
0 US dollars
Excise taxes on treasury stock transactions
0 US dollars
Operating adjustment reconciliation
57,606,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
15,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
7,015,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
15,724,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
22,739,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
13,847,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.56×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
6,808,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
7,015,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 207,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $6.81M of net income directly to operating cash and $5.33M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 6,808,000 US dollars minus 7,015,000 US dollars equals negative 207,000 US dollars.
Shoals Technologies Group, Inc. (SHLS) FY2026 Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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