SHLS Q4 2024 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q4 2024 Earnings

Income Statement

Revenue

$107M-18.0% YoY

Gross Profit

$40M37.6% margin

Operating Income

$16M15.4% margin

Net Income

$8M7.3% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$12M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$793M

Total Liabilities

$236M

Stockholders' Equity

$557M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$107M	$130M	-18.0%
Gross Profit	$40M	$55M	-27.4%
Operating Income	$16M	$32M	-48.3%
Net Income	$8M	$17M	-52.9%

Revenue Segments

System Solutions

$162M79%

Components

$44M21%