| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,877 | 7,320 | 8,589 | 4,686 |
| Accounts receivable, net | 129,205 | 128,793 | 117,464 | 103,432 |
| Unbilled receivables | 15,144 | 22,133 | 7,705 | 9,861 |
| Inventory | 158,993 | 89,878 | 60,350 | 56,899 |
| Insurance receivable | 64,750 | NaN | NaN | NaN |
| Other current assets | 12,572 | 9,762 | 7,085 | 15,195 |
| Total current assets | 382,541 | 257,886 | 201,193 | 190,073 |
| Property, plant and equipment, net | 59,072 | 53,302 | 49,187 | 41,978 |
| Goodwill | 69,941 | 69,941 | 69,941 | 69,941 |
| Total amortizable intangibles | 99,600 | 99,600 | 102,200 | NaN |
| Total accumulated amortization | 67,997 | 66,101 | 66,805 | NaN |
| Other intangible assets, net | 31,603 | 33,499 | 35,395 | 37,291 |
| Deferred tax assets | 438,116 | 438,027 | 443,586 | 447,568 |
| Right-of-use operating lease assets | 45,000 | 46,044 | 47,079 | NaN |
| Other assets | 4,622 | 5,402 | 5,410 | 8,113 |
| Total assets | 1,030,895 | 904,101 | 851,791 | 794,964 |
| Accounts payable | 80,425 | 64,875 | 33,941 | 29,241 |
| Accrued expenses and other | 26,305 | 22,215 | 27,281 | 16,928 |
| Litigation settlement liability | 70,000 | NaN | NaN | NaN |
| Warranty liabilitycurrent portion | 1,232 | 3,202 | 4,556 | 15,102 |
| Deferred revenue | 30,343 | 37,031 | 26,099 | 20,075 |
| Total current liabilities | 208,305 | 127,323 | 91,877 | 81,346 |
| Revolving line of credit | 181,750 | 136,750 | 126,750 | 131,750 |
| Right-of-use operating lease liabilities | 37,800 | 38,661 | 39,492 | NaN |
| Warranty liability, less current portion | 403 | 403 | 3,041 | 4,685 |
| Other long-term liabilities | 991 | 991 | 991 | 1,776 |
| Total liabilities | 429,249 | 304,128 | 262,151 | 219,557 |
| Class a common stock, 0.00001 par value - 1,000,000,000 shares authorized 171,680,204 and 171,358,711 shares issued 167,771,817 and 167,450,324 outstanding as of march31, 2026 and december31, 2025, respectively | 2 | 2 | 2 | 2 |
| Additional paid-in capital | 495,060 | 493,090 | 490,879 | 488,525 |
| Treasury stock, at cost, 3,908,387 shares as of march31, 2026 and december31, 2025, respectively | 25,272 | 25,272 | 25,272 | 25,272 |
| Retained earnings | 131,856 | 132,153 | 124,031 | 112,152 |
| Total stockholders' equity | 601,646 | 599,973 | 589,640 | 575,407 |
| Total liabilities and stockholders equity | 1,030,895 | 904,101 | 851,791 | 794,964 |
Shoals Technologies Group, Inc. (SHLS)
Shoals Technologies Group, Inc. (SHLS)