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Side-by-side financial comparison of Origin Bancorp, Inc. (OBK) 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 $104.0M, roughly 1.4× Origin Bancorp, Inc.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs -0.2%, a 26.8% gap on every dollar of revenue. Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (19.0% CAGR vs 3.9%).
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".
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.
OBK vs SHLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.0M | $140.6M |
| Net Profit | $27.7M | $-297.0K |
| Gross Margin | — | 29.2% |
| Operating Margin | — | 5.5% |
| Net Margin | 26.6% | -0.2% |
| Revenue YoY | — | 74.9% |
| Net Profit YoY | — | -5.3% |
| EPS (diluted) | $0.89 | $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.
| Q1 26 | $104.0M | $140.6M | ||
| Q4 25 | $103.4M | $148.3M | ||
| Q3 25 | $109.8M | $135.8M | ||
| Q2 25 | $83.5M | $110.8M | ||
| Q1 25 | $94.1M | $80.4M | ||
| Q4 24 | $78.3M | $107.0M | ||
| Q3 24 | $90.8M | $102.2M | ||
| Q2 24 | $96.4M | $99.2M |
| Q1 26 | $27.7M | $-297.0K | ||
| Q4 25 | $29.5M | $8.1M | ||
| Q3 25 | $8.6M | $11.9M | ||
| Q2 25 | $14.6M | $13.9M | ||
| Q1 25 | $22.4M | $-282.0K | ||
| Q4 24 | $14.3M | $7.8M | ||
| Q3 24 | $18.6M | $-267.0K | ||
| Q2 24 | $21.0M | $11.8M |
| Q1 26 | — | 29.2% | ||
| Q4 25 | — | 31.6% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | — | 24.8% | ||
| Q2 24 | — | 40.3% |
| Q1 26 | — | 5.5% | ||
| Q4 25 | 36.2% | 11.7% | ||
| Q3 25 | 10.0% | 13.7% | ||
| Q2 25 | 22.3% | 14.4% | ||
| Q1 25 | 30.4% | 5.4% | ||
| Q4 24 | 23.0% | 15.4% | ||
| Q3 24 | 26.1% | 4.4% | ||
| Q2 24 | 27.7% | 18.7% |
| Q1 26 | 26.6% | -0.2% | ||
| Q4 25 | 28.5% | 5.5% | ||
| Q3 25 | 7.9% | 8.7% | ||
| Q2 25 | 17.5% | 12.5% | ||
| Q1 25 | 23.8% | -0.4% | ||
| Q4 24 | 18.2% | 7.3% | ||
| Q3 24 | 20.5% | -0.3% | ||
| Q2 24 | 21.8% | 11.9% |
| Q1 26 | $0.89 | $0.00 | ||
| Q4 25 | $0.95 | $0.05 | ||
| Q3 25 | $0.27 | $0.07 | ||
| Q2 25 | $0.47 | $0.08 | ||
| Q1 25 | $0.71 | $0.00 | ||
| Q4 24 | $0.45 | $0.04 | ||
| Q3 24 | $0.60 | $0.00 | ||
| Q2 24 | $0.67 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $601.6M |
| Total Assets | $10.2B | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.9M | ||
| Q4 25 | $424.2M | $7.3M | ||
| Q3 25 | $626.9M | $8.6M | ||
| Q2 25 | $334.1M | $4.7M | ||
| Q1 25 | $486.2M | $35.6M | ||
| Q4 24 | $470.2M | $23.5M | ||
| Q3 24 | $321.2M | $11.1M | ||
| Q2 24 | $288.1M | $3.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $141.8M | ||
| Q4 24 | — | $141.8M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $146.8M |
| Q1 26 | $1.3B | $601.6M | ||
| Q4 25 | $1.2B | $600.0M | ||
| Q3 25 | $1.2B | $589.6M | ||
| Q2 25 | $1.2B | $575.4M | ||
| Q1 25 | $1.2B | $558.9M | ||
| Q4 24 | $1.1B | $556.8M | ||
| Q3 24 | $1.1B | $545.2M | ||
| Q2 24 | $1.1B | $544.6M |
| Q1 26 | $10.2B | $1.0B | ||
| Q4 25 | $9.7B | $904.1M | ||
| Q3 25 | $9.8B | $851.8M | ||
| Q2 25 | $9.7B | $795.0M | ||
| Q1 25 | $9.8B | $788.4M | ||
| Q4 24 | $9.7B | $793.1M | ||
| Q3 24 | $10.0B | $801.3M | ||
| Q2 24 | $9.9B | $788.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OBK
| Net Interest Income | $87.2M | 84% |
| Noninterest Income | $16.8M | 16% |
SHLS
Segment breakdown not available.
