SHLS Q3 2025 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q3 2025 Earnings

Income Statement

Revenue

$136M+32.9% YoY

Gross Profit

$50M37.0% margin

Operating Income

$19M13.7% margin

Net Income

$12M8.7% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+22.5%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$9M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$852M

Total Liabilities

$262M

Stockholders' Equity

$590M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$136M	$102M	+32.9%
Gross Profit	$50M	$25M	+98.0%
Operating Income	$19M	$5M	+312.7%
Net Income	$12M	$3M	+278.4%

Revenue Segments

System Solutions

$110M81%

Components

$25M19%