SHLS Q2 2025 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q2 2025 Earnings

Income Statement

Revenue

$111M+11.7% YoY

Gross Profit

$41M37.2% margin

Operating Income

$16M14.4% margin

Net Income

$14M12.5% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+37.9%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$26M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$795M

Total Liabilities

$220M

Stockholders' Equity

$575M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$111M	$99M	+11.7%
Gross Profit	$41M	$40M	+3.0%
Operating Income	$16M	$19M	-13.9%
Net Income	$14M	$12M	+17.4%

Revenue Segments

System Solutions

$84M76%

Components

$26M24%