Shoals Technologies profit margin SHLS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 5.4%
- Operating margin, 12 months
- 10.6%
- Net margin on a year earlier
- +0.1 pts
- Peer median
- 10.4%
Over the twelve months to Jun 30, 2026, Shoals Technologies kept 5.4% of its revenue as net profit, with an operating margin of 10.6% and a gross margin of 31.9%.
Five years earlier its net margin was 10.7%.
The median for 10 semiconductor stocks of a similar size is 10.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.1% | 11.9% | 35.0% |
| FY2024 | 6.0% | 12.8% | 35.6% |
| FY2023 | 8.2% | 16.2% | 34.4% |
| FY2022 | 39.0% | 20.3% | 40.2% |
| FY2021 | 1.1% | 17.0% | 38.8% |
| FY2020 | 19.2% | 21.2% | 37.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 5.4% | +0.1 pts | 10.6% | |
| Q1 FY26 | 6.3% | +1.4 pts | 11.2% | |
| Q4 FY25 | 7.1% | +1.0 pts | 11.9% | |
| Q3 FY25 | 7.7% | −0.1 pts | 12.8% | |
| Q2 FY25 | 5.3% | +0.1 pts | 10.3% | |
| Q1 FY25 | 4.9% | −1.5 pts | 11.3% | |
| Q4 FY24 | 6.0% | −2.1 pts | 12.8% | |
| Q3 FY24 | 7.8% | −22.2 pts | 15.7% | |
| Q2 FY24 | 5.1% | −32.4 pts | 11.3% | |
| Q1 FY24 | 6.4% | −31.8 pts | 13.6% | |
| Q4 FY23 | 8.2% | −30.9 pts | 16.2% | |
| Q3 FY23 | 30.0% | +25.3 pts | 15.6% |
Against its peers
Companies in Semiconductors nearest Shoals Technologies' size, closest first, today.
| Company | Profit margin |
|---|---|
| SHLSShoals Technologies | 5.4% |
| CRCTCricut | 12.7% |
| PLABPhotronics | 19.0% |
| VECOVeeco Instruments | 3.4% |
| KOPNKopin | n/m |
| POWIPower Integrations | 5.6% |
| IPGPIPG Photonics | 2.6% |
| OSISOSI Systems | 8.7% |
| PENGPenguin Solutions | 10.4% |
| ACLSAxcelis Technologies | 10.7% |
| ACMRACM Research | 14.5% |
| Peer median | 10.4% |
Where Shoals Technologies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Shoals Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.