Shoals Technologies Group, Inc. (SHLS) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 2.10%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 2.10% | Share-based compensation / revenue. Period ending 2026-06-30. $12.35M ÷ $588.06M × 100 ≈ 2.10% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 588.06M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 12.35M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 62.52M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $588.06M | $12.35M | $62.52M | (m) | (m) | 2.10% | (m) | (m) |
| 2026-03-31 | (m) | $535.53M | $10.56M | $59.79M | (m) | (m) | 1.97% | (m) | (m) |
| 2025-12-31 | (m) | $475.33M | $9.90M | $56.38M | (m) | (m) | 2.08% | (m) | (m) |
| 2025-09-30 | (m) | $433.99M | $11.51M | $55.46M | (m) | (m) | 2.65% | (m) | (m) |
| 2025-06-30 | (m) | $400.35M | $10.38M | $41.32M | (m) | (m) | 2.59% | (m) | (m) |
| 2025-03-31 | (m) | $388.76M | $11.87M | $43.90M | (m) | (m) | 3.05% | (m) | (m) |
| 2024-12-31 | (m) | $399.21M | $14.23M | $51.17M | (m) | (m) | 3.56% | (m) | (m) |
| 2024-09-30 | (m) | $422.66M | $14.19M | $66.56M | (m) | (m) | 3.36% | (m) | (m) |
| 2024-06-30 | (m) | $454.70M | $18.00M | $51.46M | (m) | (m) | 3.96% | (m) | (m) |
| 2024-03-31 | (m) | $474.66M | $18.36M | $64.52M | $22.47M | (m) | 3.87% | 2.87× | Reported |
| 2023-12-31 | (m) | $488.94M | $20.86M | $79.03M | $24.10M | (m) | 4.27% | 3.28× | Reported |
| 2023-09-30 | (m) | $453.15M | $21.28M | $70.54M | $24.18M | (m) | 4.70% | 2.92× | Reported |
| 2023-06-30 | (m) | $409.77M | $20.18M | $101.08M | $23.03M | (m) | 4.92% | 4.39× | Reported |
| 2023-03-31 | (m) | $364.05M | $19.80M | $82.42M | $20.70M | (m) | 5.44% | 3.98× | Reported |
| 2022-12-31 | (m) | $326.94M | $16.11M | $66.33M | $18.54M | (m) | 4.93% | 3.58× | Reported |
| 2022-09-30 | (m) | $280.33M | $16.77M | $45.64M | $16.40M | (m) | 5.98% | 2.78× | Reported |
| 2022-06-30 | (m) | $249.35M | $15.01M | $35.23M | $15.23M | (m) | 6.02% | 2.31× | Reported |
| 2022-03-31 | (m) | $235.58M | $13.72M | $36.35M | $14.68M | (m) | 5.83% | 2.48× | Reported |
| 2021-12-31 | (m) | $213.21M | $11.29M | $36.23M | $14.55M | (m) | 5.29% | 2.49× | Reported |
| 2021-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | (m) | $175.52M | $8.25M | $37.28M | $3.51M | (m) | 4.70% | 10.62× | Reported |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | (m) | $144.50M | $0.00 | $26.93M | $1.79M | (m) | 0.00% | 15.07× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.