7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 
      
    		                    
      revenue
    		135,804,000 110,841,000 80,361,000 106,987,000 102,165,000 99,249,000 90,807,000 130,436,000 134,209,000 119,208,000 105,086,000 94,651,000 90,823,000 73,490,000 67,976,000 48,046,000 59,840,000 59,722,000 45,604,000  
      yoy
    		32.93% 11.68% -11.50% -17.98% -23.88% -16.74% -13.59% 37.81% 47.77% 62.21% 54.59% 97.00% 51.78% 23.05% 49.06%      
      qoq
    		22.52% 37.93% -24.89% 4.72% 2.94% 9.30% -30.38% -2.81% 12.58% 13.44% 11.02% 4.21% 23.59% 8.11% 41.48% -19.71% 0.20% 30.96%   
      cost of revenue
    		85,552,000 69,639,000 52,221,000 66,803,000 76,789,000 59,252,000 54,347,000 75,056,000 120,059,000 68,691,000 56,829,000 54,272,000 54,776,000 44,897,000 41,684,000 32,123,000 38,071,000 33,543,000 26,830,000  
      gross profit
    		50,252,000 41,202,000 28,140,000 40,184,000 25,376,000 39,997,000 36,460,000 55,380,000 14,150,000 50,517,000 48,257,000 40,379,000 36,047,000 28,593,000 26,292,000 15,923,000 21,769,000 26,179,000 18,774,000  
      yoy
    		98.03% 3.01% -22.82% -27.44% 79.34% -20.82% -24.45% 37.15% -60.75% 76.68% 83.54% 153.59% 65.59% 9.22% 40.04%      
      qoq
    		21.96% 46.42% -29.97% 58.35% -36.56% 9.70% -34.16% 291.38% -71.99% 4.68% 19.51% 12.02% 26.07% 8.75% 65.12% -26.85% -16.85% 39.44%   
      gross margin %
    		37.00% 37.17% 35.02% 37.56% 24.84% 40.30% 40.15% 42.46% 10.54% 42.38% 45.92% 42.66% 39.69% 38.91% 38.68% 33.14% 36.38% 43.83% 41.17%  
      operating expenses
    		                    
      general and administrative expenses
    		29,423,000 23,064,000 21,693,000 21,521,000 18,743,000 19,218,000 22,772,000 21,453,000 22,551,000 16,723,000 19,992,000 14,871,000 13,853,000 13,265,000 13,919,000 11,028,000 10,031,000 10,018,000 6,816,000  
      depreciation and amortization
    		2,158,000 2,140,000 2,135,000 2,180,000 2,109,000 2,198,000 2,104,000 2,057,000 2,170,000 2,158,000 2,165,000 2,134,000 2,229,000 2,344,000 2,366,000 2,215,000 2,175,000 2,062,000 2,068,000  
      total operating expenses
    		31,581,000 25,204,000 23,828,000 23,701,000 20,852,000 21,416,000 24,876,000 23,510,000 24,721,000 18,881,000 22,157,000 17,005,000 16,082,000 15,609,000 16,285,000 13,243,000 12,206,000 12,080,000 8,884,000  
      income from operations
    		18,671,000 15,998,000 4,312,000 16,483,000 4,524,000 18,581,000 11,584,000 31,870,000 -10,571,000 31,636,000 26,100,000 23,374,000 19,965,000 12,984,000 10,007,000 2,680,000 9,563,000 14,099,000 9,890,000  
      yoy
    		312.71% -13.90% -62.78% -48.28% -142.80% -41.27% -55.62% 36.35% -152.95% 143.65% 160.82% 772.16% 108.77% -7.91% 1.18%      
      qoq
    		16.71% 271.01% -73.84% 264.35% -75.65% 60.40% -63.65% -401.49% -133.41% 21.21% 11.66% 17.07% 53.77% 29.75% 273.40% -71.98% -32.17% 42.56%   
      operating margin %
    		13.75% 14.43% 5.37% 15.41% 4.43% 18.72% 12.76% 24.43% -7.88% 26.54% 24.84% 24.69% 21.98% 17.67% 14.72% 5.58% 15.98% 23.61% 21.69%  
      interest expense
    		-2,832,000 -2,236,000 -2,415,000 -3,314,000 -3,088,000 -3,063,000 -4,362,000 -5,700,000 -5,899,000 -6,505,000 -5,996,000 -5,778,000 -4,754,000 -4,170,000 -3,836,000 -3,638,000 -3,582,000 -3,620,000 -3,709,000  
      interest income
    		38,000 76,000 118,000                  
      gain on sale of assets
    		-7,000                    
      income before income taxes
    		15,870,000 16,972,000 2,015,000 13,687,000 1,436,000 15,518,000 7,222,000 26,170,000 -16,470,000 25,131,000 20,104,000 121,804,000 15,211,000 8,814,000 6,171,000 1,057,000 3,967,000 8,815,000 -9,809,000  
      income tax expense
    		-3,991,000 -3,117,000 -2,297,000   -3,716,000 -2,448,000   -6,207,000 -3,121,000          
      net income
    		11,879,000 13,855,000 -282,000 7,818,000 -267,000 11,802,000 4,774,000 16,582,000 -9,828,000 18,924,000 16,983,000 118,302,000 12,759,000 7,303,000 4,649,000 -2,152,000 5,276,000 9,154,000 -8,334,000  
      yoy
    		-4549.06% 17.40% -105.91% -52.85% -97.28% -37.63% -71.89% -85.98% -177.03% 159.13% 265.30% -5597.30% 141.83% -20.22% -155.78%      
      qoq
    		-14.26% -5013.12% -103.61% -3028.09% -102.26% 147.21% -71.21% -268.72% -151.93% 11.43% -85.64% 827.20% 74.71% 57.09% -316.03% -140.79% -42.36% -209.84%   
      net income margin %
    		8.75% 12.50% -0.35% 7.31% -0.26% 11.89% 5.26% 12.71% -7.32% 15.87% 16.16% 124.99% 14.05% 9.94% 6.84% -4.48% 8.82% 15.33% -18.27%  
      earnings per share of class a common stock:
    		                    
      basic
    		0.07 0.08 0 0.04 0 0.07 0.03 0.1 -0.06 0.11 0.1 0.98 0.07 0.04 0.02 0.005 0.02 0.05 -0.06  
      diluted
    		0.07 0.08 0 0.04 0 0.07 0.03 0.1 -0.06 0.11 0.1 0.72 0.07 0.04 0.02 0.005 0.02 0.05 -0.06  
      weighted-average shares of class a common stock outstanding:
    		                    
      basic
    		167,369 167,286 166,960 168,570 167,318 169,991 170,282 164,165 169,965 169,887 146,409 114,495 112,975 112,489 112,211 99,269 101,890 93,544 93,540  
      diluted
    		168,750 167,562 166,960 168,725 167,381 170,100 170,514 164,504 169,965 170,241 147,107 167,631 113,584 112,616 112,240 99,269 102,251 166,827 93,540  
      gain on sale of asset
    		 3,134,000                   
      income tax benefit
    		   -1,966,750 -1,703,000   -671,500 6,642,000   -1,371,250 -2,452,000 -1,511,000 -1,522,000 780,750 1,309,000 339,000 1,475,000  
      less: net income attributable to non-controlling interests
    		          2,687,000 5,691,000 4,801,000 2,901,000 2,009,000 -315,000 2,790,000 4,596,000 -5,475,000  
      net income attributable to shoals technologies group, inc.
    		   7,818,000 -267,000 11,802,000 4,774,000 16,582,000 -9,828,000 18,924,000 14,296,000 112,611,000 7,958,000 4,402,000 2,640,000 -1,837,000 2,486,000 4,558,000 -2,859,000  
      payable pursuant to the tax receivable agreement adjustment
    		                    
      loss on debt repayment
    		                  -15,990,000  
      tax receivable agreement liability adjustment
    		               -919,500 -2,014,000 -1,664,000   
    The information provided in this report 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.