Company / Net Income
Shoals Technologies Group, Inc. Net Income History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$33.6M
FY2025
5-year range
$2.3M / $127.6M
FY2021-FY2025
Trend
+39.2%
vs FY2024
Sector context
#169 of 297
Information Technology
What the data says
At $34M, Shoals Technologies Group, Inc.'s net income ranks #169 of 297 in the Information Technology sector. Net Income returned to growth in FY2025 after 2 years of decline, reaching $34M.
Based on SEC 10-K filings.
$34M in FY2025 with a 5-year CAGR of -0.1%.
Declined from $40M to $34M over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -35.9%
- 5-Year CAGR
- -0.1%
- 10-Year CAGR
- -
Sector benchmark
#169 of 297 in Information TechnologyTop 57% of 297This company $33.6M Sector average $1.7B
▼
-98.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -0.1%, indicating a declining trend.
- In FY2025, net income increased 39.2% year-over-year.
- Ranks #169 out of 297 companies in the Information Technology sector.
- Peak net income was recorded in FY2022.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $33.6M | +39.2% |
| FY2024 | $24.1M | -39.6% |
| FY2023 | $40.0M | -68.7% |
| FY2022 | $127.6M | +5334.9% |
| FY2021 | $2.3M | -93.0% |
| FY2020 | $33.8M | +34.3% |
| FY2019 | $25.1M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026