vs

Side-by-side financial comparison of Easterly Government Properties, Inc. (DEA) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.

Shoals Technologies Group, Inc. is the larger business by last-quarter revenue ($140.6M vs $91.5M, roughly 1.5× Easterly Government Properties, Inc.). Easterly Government Properties, Inc. runs the higher net margin — 1.5% vs -0.2%, a 1.8% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (74.9% vs 16.4%). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (19.0% CAGR vs 9.6%).

Easterly Government Properties, Inc. is a U.S.-headquartered real estate investment trust focused on acquiring, developing, and managing mission-critical commercial properties primarily leased to U.S. federal government agencies. Its portfolio covers office spaces, healthcare facilities, and security-related properties, serving government clients across key domestic markets.

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.

DEA vs SHLS — Head-to-Head

Bigger by revenue
SHLS
SHLS
1.5× larger
SHLS
$140.6M
$91.5M
DEA
Growing faster (revenue YoY)
SHLS
SHLS
+58.5% gap
SHLS
74.9%
16.4%
DEA
Higher net margin
DEA
DEA
1.8% more per $
DEA
1.5%
-0.2%
SHLS
Faster 2-yr revenue CAGR
SHLS
SHLS
Annualised
SHLS
19.0%
9.6%
DEA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DEA
DEA
SHLS
SHLS
Revenue
$91.5M
$140.6M
Net Profit
$1.4M
$-297.0K
Gross Margin
29.2%
Operating Margin
5.5%
Net Margin
1.5%
-0.2%
Revenue YoY
16.4%
74.9%
Net Profit YoY
-56.9%
-5.3%
EPS (diluted)
$0.36
$0.00

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.

Revenue
DEA
DEA
SHLS
SHLS
Q1 26
$91.5M
$140.6M
Q4 25
$87.0M
$148.3M
Q3 25
$86.2M
$135.8M
Q2 25
$84.2M
$110.8M
Q1 25
$78.7M
$80.4M
Q4 24
$78.3M
$107.0M
Q3 24
$74.8M
$102.2M
Q2 24
$76.2M
$99.2M
Net Profit
DEA
DEA
SHLS
SHLS
Q1 26
$1.4M
$-297.0K
Q4 25
$4.6M
$8.1M
Q3 25
$1.2M
$11.9M
Q2 25
$4.1M
$13.9M
Q1 25
$3.1M
$-282.0K
Q4 24
$5.5M
$7.8M
Q3 24
$4.9M
$-267.0K
Q2 24
$4.6M
$11.8M
Gross Margin
DEA
DEA
SHLS
SHLS
Q1 26
29.2%
Q4 25
77.3%
31.6%
Q3 25
76.0%
37.0%
Q2 25
77.2%
37.2%
Q1 25
77.4%
35.0%
Q4 24
76.1%
37.6%
Q3 24
77.7%
24.8%
Q2 24
76.2%
40.3%
Operating Margin
DEA
DEA
SHLS
SHLS
Q1 26
5.5%
Q4 25
11.7%
Q3 25
13.7%
Q2 25
14.4%
Q1 25
5.4%
Q4 24
15.4%
Q3 24
4.4%
Q2 24
18.7%
Net Margin
DEA
DEA
SHLS
SHLS
Q1 26
1.5%
-0.2%
Q4 25
5.3%
5.5%
Q3 25
1.4%
8.7%
Q2 25
4.8%
12.5%
Q1 25
4.0%
-0.4%
Q4 24
7.0%
7.3%
Q3 24
6.5%
-0.3%
Q2 24
6.0%
11.9%
EPS (diluted)
DEA
DEA
SHLS
SHLS
Q1 26
$0.36
$0.00
Q4 25
$0.09
$0.05
Q3 25
$0.02
$0.07
Q2 25
$0.09
$0.08
Q1 25
$0.07
$0.00
Q4 24
$0.13
$0.04
Q3 24
$0.11
$0.00
Q2 24
$0.11
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DEA
DEA
SHLS
SHLS
Cash + ST InvestmentsLiquidity on hand
$2.0M
$1.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$601.6M
Total Assets
$3.4B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEA
DEA
SHLS
SHLS
Q1 26
$2.0M
$1.9M
Q4 25
$23.4M
$7.3M
Q3 25
$4.4M
$8.6M
Q2 25
$4.7M
$4.7M
Q1 25
$8.5M
$35.6M
Q4 24
$19.4M
$23.5M
Q3 24
$31.2M
$11.1M
Q2 24
$14.8M
$3.2M
Total Debt
DEA
DEA
SHLS
SHLS
Q1 26
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.7B
Q1 25
$1.6B
$141.8M
Q4 24
$1.6B
$141.8M
Q3 24
$1.5B
$141.8M
Q2 24
$1.4B
$146.8M
Stockholders' Equity
DEA
DEA
SHLS
SHLS
Q1 26
$1.3B
$601.6M
Q4 25
$1.3B
$600.0M
Q3 25
$1.3B
$589.6M
Q2 25
$1.3B
$575.4M
Q1 25
$1.3B
$558.9M
Q4 24
$1.3B
$556.8M
Q3 24
$1.3B
$545.2M
Q2 24
$1.3B
$544.6M
Total Assets
DEA
DEA
SHLS
SHLS
Q1 26
$3.4B
$1.0B
Q4 25
$3.4B
$904.1M
Q3 25
$3.4B
$851.8M
Q2 25
$3.4B
$795.0M
Q1 25
$3.2B
$788.4M
Q4 24
$3.2B
$793.1M
Q3 24
$3.1B
$801.3M
Q2 24
$3.0B
$788.4M
Debt / Equity
DEA
DEA
SHLS
SHLS
Q1 26
Q4 25
1.26×
Q3 25
1.23×
Q2 25
1.29×
Q1 25
1.20×
0.25×
Q4 24
1.21×
0.25×
Q3 24
1.12×
0.26×
Q2 24
1.07×
0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DEA
DEA

Rental income$88.6M97%
Other$2.3M3%
Asset management income$646.0K1%

SHLS
SHLS

Segment breakdown not available.

Related Comparisons