Company / Gross Margin
Shoals Technologies Group, Inc. Gross Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
35.0%
FY2025
5-year range
30.6% / 38.8%
FY2021-FY2025
Trend
-1.5%
vs FY2024
Sector context
#177 of 225
Information Technology
What the data says
Shoals Technologies Group, Inc.'s gross margin of 35.0% is lower than 79% of companies in the Information Technology sector (FY2025). Gross Margin has fluctuated over the past 7 years, ranging from 30.6% in FY2019 to 38.8% in FY2023.
Based on SEC 10-K filings.
35.0% in FY2025 with a 5-year CAGR of -2.9%.
Declined from 38.8% to 35.0% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -2.9pp
- 5-Year Change
- -2.9pp
- 10-Year Change
- -
Sector benchmark
Bottom 21% in Information TechnologyTop 79% of 225This company 35.0% Sector average 53.6%
▼
-34.7% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 1.5% year-over-year.
- Currently 18.6pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2019.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 35.0% | -1.5% |
| FY2024 | 35.6% | -8.2% |
| FY2023 | 38.8% | +2.2% |
| FY2022 | 37.9% | +23.9% |
| FY2021 | 30.6% | -19.3% |
| FY2020 | 37.9% | +23.9% |
| FY2019 | 30.6% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026