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SHLS Q2 2024 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena
SHLS
Shoals Technologies Group, Inc.
$1B
Q2 2024 Earnings
Energy
Solar
Income Statement
Revenue
$99M
-16.7% YoY
Gross Profit
$40M
40.3% margin
Operating Income
$19M
18.7% margin
Net Income
$12M
11.9% margin
EPS (Diluted)
$0.07
QoQ Revenue Growth
+9.3%
Cash Flow
Operating Cash Flow
$38M
Free Cash Flow
$36M
Stock-Based Comp.
$4M
Balance Sheet
Total Assets
$788M
Total Liabilities
$244M
Stockholders' Equity
$545M
Cash & Equivalents
$3M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$99M
$119M
-16.7%
Gross Profit
$40M
$51M
-20.8%
Operating Income
$19M
$32M
-41.3%
Net Income
$12M
$19M
-37.6%
Revenue Segments
System Solutions
$79M
80%
Components
$20M
20%
← FY 2024
All Quarters
Q3 2024 →