Shoals Technologies Group Net Profit Margin Growth & History (SHLS)
Shoals Technologies Group's net profit margin was 7.06% for fiscal 2025.
View full Shoals Technologies Group company overviewShoals Technologies Group annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.06% | +1.02 pp |
| 2024 | 2024-12-31 | 6.04% | −2.13 pp |
| 2023 | 2023-12-31 | 8.18% | −30.86 pp |
| 2022 | 2022-12-31 | 39.03% | +37.93 pp |
| 2021 | 2021-12-31 | 1.10% | −18.14 pp |
| 2020 | 2020-12-31 | 19.24% | +1.84 pp |
| 2019 | 2019-12-31 | 17.40% | — |
Shoals Technologies Group quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.43% | −5.07 pp |
| Q1 2026 | 2026-03-31 | −0.21% | +0.14 pp |
| Q4 2025 | 2025-12-31 | 5.48% | −1.83 pp |
| Q3 2025 | 2025-09-30 | 8.75% | +9.01 pp |
| Q2 2025 | 2025-06-30 | 12.50% | +0.61 pp |
| Q1 2025 | 2025-03-31 | −0.35% | −5.61 pp |
| Q4 2024 | 2024-12-31 | 7.31% | −5.41 pp |
| Q3 2024 | 2024-09-30 | −0.26% | +7.06 pp |
| Q2 2024 | 2024-06-30 | 11.89% | −3.98 pp |
| Q1 2024 | 2024-03-31 | 5.26% | −8.35 pp |
| Q4 2023 | 2023-12-31 | 12.71% | −106.26 pp |
| Q3 2023 | 2023-09-30 | −7.32% | −16.09 pp |
| Q2 2023 | 2023-06-30 | 15.87% | +9.88 pp |
| Q1 2023 | 2023-03-31 | 13.60% | +9.72 pp |
| Q4 2022 | 2022-12-31 | 118.97% | +117.23 pp |
| Q3 2022 | 2022-09-30 | 8.76% | +4.61 pp |
| Q2 2022 | 2022-06-30 | 5.99% | −1.64 pp |
| Q1 2022 | 2022-03-31 | 3.88% | +16.02 pp |
| Q4 2021 | 2021-12-31 | 1.74% | −9.21 pp |
| Q3 2021 | 2021-09-30 | 4.15% | −24.37 pp |
| Q2 2021 | 2021-06-30 | 7.63% | −4.40 pp |
| Q1 2021 | 2021-03-31 | −12.13% | −34.95 pp |
| Q4 2020 | 2020-12-31 | 10.96% | — |
| Q3 2020 | 2020-09-30 | 28.52% | — |
| Q2 2020 | 2020-06-30 | 12.03% | — |
| Q1 2020 | 2020-03-31 | 22.82% | — |
Shoals Technologies Group net profit margin trends
Over the last five fiscal years, Shoals Technologies Group's net profit margin decreased from 19.24% to 7.06%, a change of −12.17 percentage points. The latest reported quarter, Q2 2026, shows 7.43%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shoals Technologies Group source filings ↗