Shoals Technologies Group, Inc. (SHLS) Gross margin 2019–2025
Shoals Technologies Group, Inc. (SHLS) gross margin by fiscal year — reported gross profit divided by reported revenue.
35.0%FY2025 · since FY2019: 30.6% → 35.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 35.0% | -0.5 pp |
| FY2024 | 35.6% | +1.2 pp |
| FY2023 | 34.4% | -5.7 pp |
| FY2022 | 40.2% | +1.4 pp |
| FY2021 | 38.8% | +0.8 pp |
| FY2020 | 37.9% | +7.3 pp |
| FY2019 | 30.6% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice