Shoals Technologies Group Cash Flow Statement
NASDAQ: SHLSTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shoals Technologies Group free cash flow
In fiscal 2025, Shoals Technologies Group generated $17.1 million of operating cash flow and spent $33.0 million on capital expenditures. That left free cash flow of -$16.0 million, a free-cash-flow margin of -3.4% of revenue. Free cash flow was down 122.2% from the prior year's $72.0 million.
Summary generated from market data by MetaCap's automated system. Methodology
Shoals Technologies Group cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Net Income | 33.57M | 24.13M | 42.66M | 143.01M | 3.94M | 33.77M | 25.14M |
| Net Income growth (YoY) | +39.16% | -43.44% | -70.17% | +3526.09% | -88.32% | +34.30% | — |
| Depreciation & Amortization | 13.82M | 12.63M | 10.53M | 10.51M | 10.05M | 9.40M | 9.16M |
| Stock-Based Compensation | 9.90M | 14.23M | 20.86M | 16.11M | 11.29M | 8.25M | 0 |
| Change in Working Capital | -24.11M | 25.24M | -37.69M | -45.74M | -23.09M | 2.52M | 2.75M |
| Operating Cash Flow | 17.07M | 80.39M | 91.95M | 39.45M | -4.08M | 54.08M | 36.18M |
| Capital Expenditures | -33.04M | -8.39M | -10.58M | -3.15M | -4.13M | -3.24M | -1.72M |
| Investing Cash Flow | -27.95M | -8.39M | -10.85M | -3.66M | -17.04M | -3.24M | -1.72M |
| Share Repurchases | 0 | -25.33M | 0 | 0 | — | — | — |
| Financing Cash Flow | -5.30M | -71.19M | -67.17M | -36.59M | 20.60M | -47.85M | -27.49M |
| Net Change in Cash | -16.19M | 804.00K | 13.94M | -791.00K | -516.00K | 2.99M | 6.97M |
| Free Cash Flow | -15.98M | 72.00M | 81.38M | 36.30M | -8.21M | 50.85M | 34.46M |
This table shows 7 annual periods of Shoals Technologies Group's cash flow statement, from FY 2025 back to FY 2019, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SHLS's reporting calendar. What is a cash flow statement?