Shoals Technologies Group Quarterly Balance Sheets Chart
Quarterly
|
Annual
Shoals Technologies Group Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||||
| current assets | |||||||||||||||||||
| cash and cash equivalents | 4,686,000 | 35,609,000 | 23,511,000 | 11,106,000 | 3,189,000 | 15,236,000 | 22,707,000 | 9,224,000 | 5,860,000 | 6,460,000 | 8,766,000 | 11,202,000 | 10,094,000 | 2,534,000 | 5,006,000 | 14,189,000 | 13,171,000 | 4,227,000 | 10,073,000 |
| accounts receivable | 103,432,000 | 67,704,000 | 78,181,000 | 95,301,000 | 92,261,000 | 103,403,000 | 107,118,000 | 108,886,000 | 97,099,000 | 75,415,000 | 50,575,000 | 71,652,000 | 57,827,000 | 56,887,000 | 31,499,000 | 44,588,000 | 42,977,000 | 28,138,000 | 27,004,000 |
| unbilled receivables | 9,861,000 | 10,409,000 | 20,834,000 | 13,792,000 | 17,015,000 | 23,406,000 | 40,136,000 | 28,506,000 | 21,664,000 | 19,661,000 | 16,713,000 | 11,561,000 | 14,580,000 | 16,149,000 | 13,533,000 | 10,554,000 | 6,797,000 | 9,995,000 | 3,794,000 |
| inventory | 56,899,000 | 61,173,000 | 55,977,000 | 65,854,000 | 60,006,000 | 59,565,000 | 52,804,000 | 60,961,000 | 68,312,000 | 73,729,000 | 72,854,000 | 81,158,000 | 64,961,000 | 49,479,000 | 38,368,000 | 27,832,000 | 21,272,000 | 21,092,000 | 15,121,000 |
| other current assets | 15,195,000 | 12,851,000 | 9,849,000 | 4,716,000 | 4,784,000 | 6,872,000 | 4,421,000 | 6,664,000 | 7,180,000 | 8,094,000 | 4,632,000 | 7,608,000 | 8,827,000 | 12,651,000 | 5,042,000 | 11,706,000 | 7,292,000 | 6,512,000 | 155,000 |
| total current assets | 190,073,000 | 187,746,000 | 188,352,000 | 190,769,000 | 177,255,000 | 208,482,000 | 227,186,000 | 214,241,000 | 200,115,000 | 183,359,000 | 153,540,000 | 183,181,000 | 156,289,000 | 137,700,000 | 93,448,000 | 108,869,000 | 91,509,000 | 69,964,000 | 56,147,000 |
| property, plant and equipment | 41,978,000 | 30,040,000 | 28,222,000 | 28,055,000 | 26,932,000 | 26,213,000 | 24,836,000 | 22,789,000 | 20,198,000 | 18,388,000 | 16,870,000 | 16,596,000 | 16,830,000 | 16,032,000 | 15,574,000 | 14,358,000 | 13,622,000 | 13,160,000 | 12,763,000 |
| goodwill | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,941,000 | 69,436,000 | 69,436,000 | 69,321,000 | 50,176,000 | 50,176,000 | 50,176,000 |
| other intangible assets | 37,291,000 | 39,187,000 | 41,083,000 | 42,979,000 | 44,876,000 | 46,772,000 | 48,668,000 | 50,564,000 | 52,542,000 | 54,563,000 | 56,585,000 | 58,606,000 | 60,727,000 | 62,966,000 | 65,236,000 | 67,508,000 | 67,996,000 | 69,992,000 | 71,988,000 |
| deferred tax assets | 447,568,000 | 451,872,000 | 454,160,000 | 460,011,000 | 461,676,000 | 465,700,000 | 468,195,000 | 477,073,000 | 470,329,000 | 476,283,000 | 291,634,000 | 177,112,000 | 175,059,000 | 175,539,000 | 176,958,000 | ||||
| other assets | 8,113,000 | 9,635,000 | 11,322,000 | 9,546,000 | 7,757,000 | 8,198,000 | 5,167,000 | 5,540,000 | 5,695,000 | 6,067,000 | 6,325,000 | 24,456,000 | 17,771,000 | 12,799,000 | 5,762,000 | 1,204,000 | 840,000 | 475,000 | 4,236,000 |
| total assets | 794,964,000 | 788,421,000 | 793,080,000 | 801,301,000 | 788,437,000 | 825,306,000 | 843,993,000 | 840,148,000 | 818,820,000 | 808,601,000 | 594,895,000 | 529,892,000 | 496,617,000 | 474,472,000 | 426,414,000 | 382,805,000 | 273,716,000 | 252,259,000 | 10,000 |
| liabilities and stockholders’ equity | |||||||||||||||||||
| current liabilities | |||||||||||||||||||
| accounts payable | 29,241,000 | 26,714,000 | 20,032,000 | 23,743,000 | 16,187,000 | 15,728,000 | 14,396,000 | 16,615,000 | 16,239,000 | 21,936,000 | 9,481,000 | 21,383,000 | 24,258,000 | 17,879,000 | 19,985,000 | 18,664,000 | 14,224,000 | 12,941,000 | 14,634,000 |
| accrued expenses and other | 16,928,000 | 12,418,000 | 12,541,000 | 12,865,000 | 9,683,000 | 10,352,000 | 22,907,000 | 21,516,000 | 27,650,000 | 17,382,000 | 17,882,000 | 43,407,000 | 25,297,000 | ||||||
| warranty liability—current portion | 15,102,000 | 25,956,000 | 29,602,000 | 34,743,000 | 31,148,000 | 31,708,000 | 31,099,000 | 17,254,000 | |||||||||||
| deferred revenue | 20,075,000 | 15,195,000 | 18,737,000 | 20,562,000 | 21,244,000 | 21,834,000 | 22,228,000 | 27,025,000 | 31,298,000 | 23,450,000 | 23,259,000 | ||||||||
| total current liabilities | 81,346,000 | 80,283,000 | 80,912,000 | 91,913,000 | 78,262,000 | 79,622,000 | 92,630,000 | 84,410,000 | 77,187,000 | 64,768,000 | 52,622,000 | 70,373,000 | 55,138,000 | 38,708,000 | 31,554,000 | 35,776,000 | 27,223,000 | 24,975,000 | 24,101,000 |
| revolving line of credit | 131,750,000 | 141,750,000 | 141,750,000 | 141,750,000 | 146,750,000 | 168,750,000 | 40,000,000 | 20,000,000 | 45,000,000 | 48,000,000 | 85,640,000 | 85,140,000 | 90,140,000 | 55,140,000 | 60,140,000 | 49,000,000 | 39,000,000 | 20,000,000 | |
| warranty liability, less current portion | 4,685,000 | 5,457,000 | 11,392,000 | 20,000,000 | 16,182,000 | 20,091,000 | 23,815,000 | 39,360,000 | |||||||||||
| other long-term liabilities | 1,776,000 | 2,003,000 | 2,226,000 | 2,442,000 | 2,657,000 | 2,866,000 | 3,107,000 | 3,358,000 | 3,619,000 | 3,917,000 | 4,221,000 | 4,500,000 | 4,793,000 | 5,074,000 | 931,000 | ||||
| total liabilities | 219,557,000 | 229,493,000 | 236,280,000 | 256,105,000 | 243,851,000 | 271,329,000 | 298,997,000 | 315,508,000 | 289,415,000 | 302,521,000 | 293,906,000 | 507,222,000 | 488,177,000 | 475,920,000 | 433,912,000 | 393,932,000 | 308,438,000 | 295,117,000 | 379,433,000 |
| commitments and contingencies | |||||||||||||||||||
| stockholders’ equity | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of june 30, 2025 and december 31, 2024 | |||||||||||||||||||
| class a common stock | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
| additional paid-in capital | 488,525,000 | 485,960,000 | 483,550,000 | 479,764,000 | 468,787,000 | 474,749,000 | 470,542,000 | 466,768,000 | 461,705,000 | 457,304,000 | 256,894,000 | 104,539,000 | 101,243,000 | 98,376,000 | 95,684,000 | 92,149,000 | 78,883,000 | 78,073,000 | |
| treasury stock | -25,272,000 | -25,331,000 | -25,331,000 | -25,331,000 | -15,231,000 | ||||||||||||||
| retained earnings | 112,152,000 | 98,297,000 | 98,579,000 | 90,761,000 | 91,028,000 | 79,226,000 | |||||||||||||
| total stockholders' equity | 575,407,000 | 558,928,000 | 556,800,000 | 545,196,000 | 544,586,000 | 553,977,000 | 544,996,000 | 524,640,000 | 529,405,000 | 506,080,000 | 22,670,000 | 8,440,000 | |||||||
| total liabilities and stockholders’ equity | 794,964,000 | 788,421,000 | 793,080,000 | 801,301,000 | 788,437,000 | 825,306,000 | 843,993,000 | 840,148,000 | 818,820,000 | 808,601,000 | 594,895,000 | 529,892,000 | 496,617,000 | ||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of march 31, 2025 and december 31, 2024 | |||||||||||||||||||
| long-term debt—current portion | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 3,500,000 | 3,500,000 | 3,500,000 | ||||||
| long-term debt, less current portion | 139,445,000 | 188,380,000 | 188,609,000 | 188,836,000 | 189,063,000 | 189,289,000 | 189,515,000 | 189,689,000 | 189,913,000 | 190,136,000 | 188,859,000 | 189,450,000 | 335,332,000 | ||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of december 31, 2024 and 2023 | |||||||||||||||||||
| class b common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of september 30, 2024 and december 31, 2023 | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of june 30, 2024 and december 31, 2023 | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of march 31, 2024 and december 31, 2023 | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of december 31, 2023 and 2022 | |||||||||||||||||||
| accumulated earnings | 74,452,000 | 57,870,000 | 67,698,000 | 48,774,000 | 34,478,000 | ||||||||||||||
| total stockholders’ equity attributable to shoals technologies group, inc. | 544,996,000 | 524,640,000 | 529,405,000 | 506,080,000 | 291,374,000 | 26,408,000 | 15,154,000 | 7,885,000 | |||||||||||
| non-controlling interests | 9,615,000 | -3,738,000 | -6,714,000 | -9,333,000 | -10,051,000 | -11,982,000 | -19,825,000 | -22,593,000 | |||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of september 30, 2023 and december 31, 2022 | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of june 30, 2023 and december 31, 2022 | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of march 31, 2023 and december 31, 2022 | |||||||||||||||||||
| payable pursuant to the tax receivable agreement | 156,374,000 | 107,880,000 | 43,356,000 | 41,692,000 | |||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of december 31, 2022 and 2021 | |||||||||||||||||||
| total stockholders’ equity | 300,989,000 | ||||||||||||||||||
| liabilities and stockholders' equity | |||||||||||||||||||
| current portion of payable pursuant to the tax receivable agreement | 3,583,000 | 3,583,000 | 4,065,000 | ||||||||||||||||
| payable pursuant to the tax receivable agreement, less current portion | 157,420,000 | 153,591,000 | 152,309,000 | ||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of september 30, 2022 and december 31, 2021 | |||||||||||||||||||
| accumulated deficit | -78,133,000 | -86,091,000 | -90,493,000 | -93,133,000 | -91,296,000 | -93,782,000 | -98,340,000 | ||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of june 30, 2022 and december 31, 2021 | |||||||||||||||||||
| liabilities and stockholders' deficit | |||||||||||||||||||
| accrued expenses | 14,764,000 | 9,569,000 | 15,112,000 | 9,499,000 | 8,534,000 | 5,967,000 | |||||||||||||
| stockholders’ deficit | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of march 31, 2022 and december 31, 2021 | |||||||||||||||||||
| total stockholders' deficit | -1,448,000 | ||||||||||||||||||
| total liabilities and stockholders’ deficit | 474,472,000 | ||||||||||||||||||
| liabilities and stockholders' deficit / members’ deficit | |||||||||||||||||||
| stockholders’ deficit / members’ deficit | |||||||||||||||||||
| members’ deficit | |||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of december 31, 2021 | |||||||||||||||||||
| total stockholders’ equity attributable to shoals technologies group, inc. / members' equity | 2,553,000 | ||||||||||||||||||
| total stockholders’ deficit / members’ deficit | -7,498,000 | -11,127,000 | -34,722,000 | -42,858,000 | |||||||||||||||
| total liabilities and stockholders’ deficit / members’ deficit | 426,414,000 | 382,805,000 | 273,716,000 | 252,259,000 | |||||||||||||||
| deferred tax asset | 121,545,000 | 49,573,000 | 48,492,000 | ||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of september 30, 2021 | |||||||||||||||||||
| total stockholders’ equity attributable to shoals technologies group, inc. / members' deficit | 855,000 | ||||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of june 30, 2021 | |||||||||||||||||||
| total stockholders’ deficit attributable to shoals technologies group, inc. / members' deficit | -14,897,000 | -20,265,000 | |||||||||||||||||
| preferred stock, 0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of march 31, 2021 | |||||||||||||||||||
| cash | 10,000 | ||||||||||||||||||
| stockholder’s equity: | |||||||||||||||||||
| common stock | 10,000 | ||||||||||||||||||
| total stockholder’s equity | 10,000 | ||||||||||||||||||
| liabilities and members’ equity | |||||||||||||||||||
| members’ equity | -184,123,000 | ||||||||||||||||||
| total liabilities and members’ equity | 195,310,000 |
We provide you with 20 years of balance sheets for Shoals Technologies Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Shoals Technologies Group. Explore the full financial landscape of Shoals Technologies Group stock with our expertly curated balance sheets.
The information provided in this report about Shoals Technologies Group stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.