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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.
Climb Global Solutions, Inc. is the larger business by last-quarter revenue ($193.8M vs $148.3M, roughly 1.3× Shoals Technologies Group, Inc.). Shoals Technologies Group, Inc. runs the higher net margin — 5.5% vs 3.6%, a 1.9% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 19.8%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (44.8% CAGR vs 27.8%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Shoals Technologies Group is a leading provider of electrical balance of systems solutions for renewable energy and e-mobility. It supplies connectivity components for solar projects, energy storage systems and EV charging infrastructure, serving clients across North America, Europe and Asia-Pacific.
CLMB vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $193.8M | $148.3M |
| Net Profit | $7.0M | $8.1M |
| Gross Margin | 15.4% | 31.6% |
| Operating Margin | 4.9% | 11.7% |
| Net Margin | 3.6% | 5.5% |
| Revenue YoY | 19.8% | 38.6% |
| Net Profit YoY | -0.1% | 3.9% |
| EPS (diluted) | $1.51 | $0.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $193.8M | $148.3M | ||
| Q3 25 | $161.3M | $135.8M | ||
| Q2 25 | $159.3M | $110.8M | ||
| Q1 25 | $138.0M | $80.4M | ||
| Q4 24 | $161.8M | $107.0M | ||
| Q3 24 | $119.3M | $102.2M | ||
| Q2 24 | $92.1M | $99.2M | ||
| Q1 24 | $92.4M | $90.8M |
| Q4 25 | $7.0M | $8.1M | ||
| Q3 25 | $4.7M | $11.9M | ||
| Q2 25 | $6.0M | $13.9M | ||
| Q1 25 | $3.7M | $-282.0K | ||
| Q4 24 | $7.0M | $7.8M | ||
| Q3 24 | $5.5M | $-267.0K | ||
| Q2 24 | $3.4M | $11.8M | ||
| Q1 24 | $2.7M | $4.8M |
| Q4 25 | 15.4% | 31.6% | ||
| Q3 25 | 15.9% | 37.0% | ||
| Q2 25 | 16.5% | 37.2% | ||
| Q1 25 | 16.9% | 35.0% | ||
| Q4 24 | 19.3% | 37.6% | ||
| Q3 24 | 20.3% | 24.8% | ||
| Q2 24 | 20.2% | 40.3% | ||
| Q1 24 | 18.4% | 40.2% |
| Q4 25 | 4.9% | 11.7% | ||
| Q3 25 | 4.3% | 13.7% | ||
| Q2 25 | 5.0% | 14.4% | ||
| Q1 25 | 3.5% | 5.4% | ||
| Q4 24 | 7.2% | 15.4% | ||
| Q3 24 | 7.1% | 4.4% | ||
| Q2 24 | 4.6% | 18.7% | ||
| Q1 24 | 3.8% | 12.8% |
| Q4 25 | 3.6% | 5.5% | ||
| Q3 25 | 2.9% | 8.7% | ||
| Q2 25 | 3.7% | 12.5% | ||
| Q1 25 | 2.7% | -0.4% | ||
| Q4 24 | 4.3% | 7.3% | ||
| Q3 24 | 4.6% | -0.3% | ||
| Q2 24 | 3.7% | 11.9% | ||
| Q1 24 | 3.0% | 5.3% |
| Q4 25 | $1.51 | $0.05 | ||
| Q3 25 | $1.02 | $0.07 | ||
| Q2 25 | $1.30 | $0.08 | ||
| Q1 25 | $0.81 | $0.00 | ||
| Q4 24 | $1.52 | $0.04 | ||
| Q3 24 | $1.19 | $0.00 | ||
| Q2 24 | $0.75 | $0.07 | ||
| Q1 24 | $0.60 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.6M | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $116.6M | $600.0M |
| Total Assets | $460.2M | $904.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $7.3M | ||
| Q3 25 | $49.8M | $8.6M | ||
| Q2 25 | $28.6M | $4.7M | ||
| Q1 25 | $32.5M | $35.6M | ||
| Q4 24 | $29.8M | $23.5M | ||
| Q3 24 | $22.1M | $11.1M | ||
| Q2 24 | $48.4M | $3.2M | ||
| Q1 24 | $43.6M | $15.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $141.8M | ||
| Q4 24 | — | $141.8M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $146.8M | ||
| Q1 24 | $1.2M | $168.8M |
| Q4 25 | $116.6M | $600.0M | ||
| Q3 25 | $109.3M | $589.6M | ||
| Q2 25 | $105.2M | $575.4M | ||
| Q1 25 | $95.6M | $558.9M | ||
| Q4 24 | $90.6M | $556.8M | ||
| Q3 24 | $87.7M | $545.2M | ||
| Q2 24 | $79.8M | $544.6M | ||
| Q1 24 | $76.4M | $554.0M |
| Q4 25 | $460.2M | $904.1M | ||
| Q3 25 | $376.1M | $851.8M | ||
| Q2 25 | $420.7M | $795.0M | ||
| Q1 25 | $370.1M | $788.4M | ||
| Q4 24 | $469.2M | $793.1M | ||
| Q3 24 | $371.9M | $801.3M | ||
| Q2 24 | $302.8M | $788.4M | ||
| Q1 24 | $298.3M | $825.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | 0.02× | 0.30× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-11.9M | $-4.1M |
| Free Cash FlowOCF − Capex | — | $-11.3M |
| FCF MarginFCF / Revenue | — | -7.6% |
| Capex IntensityCapex / Revenue | — | 4.8% |
| Cash ConversionOCF / Net Profit | -1.70× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-11.9M | $-4.1M | ||
| Q3 25 | $22.2M | $19.4M | ||
| Q2 25 | $-2.2M | $-13.8M | ||
| Q1 25 | $8.5M | $15.6M | ||
| Q4 24 | $16.0M | $14.0M | ||
| Q3 24 | $-3.6M | $15.7M | ||
| Q2 24 | $7.3M | $37.8M | ||
| Q1 24 | $14.0M | $12.9M |
| Q4 25 | — | $-11.3M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $-26.0M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | — | $13.3M | ||
| Q2 24 | — | $35.8M | ||
| Q1 24 | — | $10.4M |
| Q4 25 | — | -7.6% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | -23.5% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | — | 13.0% | ||
| Q2 24 | — | 36.1% | ||
| Q1 24 | — | 11.4% |
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 7.7% | ||
| Q2 25 | — | 11.0% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.7% |
| Q4 25 | -1.70× | -0.50× | ||
| Q3 25 | 4.73× | 1.63× | ||
| Q2 25 | -0.37× | -1.00× | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 2.29× | 1.79× | ||
| Q3 24 | -0.66× | — | ||
| Q2 24 | 2.13× | 3.21× | ||
| Q1 24 | 5.14× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLMB
| Distribution Segment | $187.9M | 97% |
| Solutions Segment | $6.0M | 3% |
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
