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Side-by-side financial comparison of OppFi Inc. (OPFI) 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 ($148.3M vs $85.6M, roughly 1.7× OppFi Inc.). OppFi Inc. runs the higher net margin — 19.7% vs 5.5%, a 14.2% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 5.9%). OppFi Inc. produced more free cash flow last quarter ($382.2M vs $-11.3M). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 16.3%).
OppFi Inc. is a US-headquartered financial technology firm that provides responsible, accessible financial solutions including installment loans, credit-building tools and related support services to consumers underserved by traditional banking institutions, prioritizing fair terms to help users boost their long-term financial wellness.
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.
OPFI vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $85.6M | $148.3M |
| Net Profit | $16.8M | $8.1M |
| Gross Margin | — | 31.6% |
| Operating Margin | 36.1% | 11.7% |
| Net Margin | 19.7% | 5.5% |
| Revenue YoY | 5.9% | 38.6% |
| Net Profit YoY | 400.3% | 3.9% |
| EPS (diluted) | $1.48 | $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 | $85.6M | $148.3M | ||
| Q3 25 | $104.6M | $135.8M | ||
| Q2 25 | $100.2M | $110.8M | ||
| Q1 25 | $90.8M | $80.4M | ||
| Q4 24 | $80.8M | $107.0M | ||
| Q3 24 | $91.2M | $102.2M | ||
| Q2 24 | $86.3M | $99.2M | ||
| Q1 24 | $63.2M | $90.8M |
| Q4 25 | $16.8M | $8.1M | ||
| Q3 25 | $41.6M | $11.9M | ||
| Q2 25 | $-20.8M | $13.9M | ||
| Q1 25 | $-11.4M | $-282.0K | ||
| Q4 24 | $-5.6M | $7.8M | ||
| Q3 24 | $4.3M | $-267.0K | ||
| Q2 24 | $3.1M | $11.8M | ||
| Q1 24 | $5.5M | $4.8M |
| 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 24 | — | 40.2% |
| Q4 25 | 36.1% | 11.7% | ||
| Q3 25 | 46.3% | 13.7% | ||
| Q2 25 | 44.7% | 14.4% | ||
| Q1 25 | 46.8% | 5.4% | ||
| Q4 24 | 30.5% | 15.4% | ||
| Q3 24 | 38.5% | 4.4% | ||
| Q2 24 | 34.2% | 18.7% | ||
| Q1 24 | 8.4% | 12.8% |
| Q4 25 | 19.7% | 5.5% | ||
| Q3 25 | 39.8% | 8.7% | ||
| Q2 25 | -20.7% | 12.5% | ||
| Q1 25 | -12.5% | -0.4% | ||
| Q4 24 | -6.9% | 7.3% | ||
| Q3 24 | 4.7% | -0.3% | ||
| Q2 24 | 3.6% | 11.9% | ||
| Q1 24 | 8.8% | 5.3% |
| Q4 25 | $1.48 | $0.05 | ||
| Q3 25 | $0.77 | $0.07 | ||
| Q2 25 | $-0.78 | $0.08 | ||
| Q1 25 | $-0.48 | $0.00 | ||
| Q4 24 | $-0.11 | $0.04 | ||
| Q3 24 | $0.21 | $0.00 | ||
| Q2 24 | $0.16 | $0.07 | ||
| Q1 24 | $0.10 | $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 | $49.5M | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $58.5M | $600.0M |
| Total Assets | $754.1M | $904.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.5M | $7.3M | ||
| Q3 25 | $45.5M | $8.6M | ||
| Q2 25 | $45.2M | $4.7M | ||
| Q1 25 | $58.0M | $35.6M | ||
| Q4 24 | $61.3M | $23.5M | ||
| Q3 24 | $44.8M | $11.1M | ||
| Q2 24 | $46.6M | $3.2M | ||
| Q1 24 | $47.2M | $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 | — | $168.8M |
| Q4 25 | $58.5M | $600.0M | ||
| Q3 25 | $49.4M | $589.6M | ||
| Q2 25 | $13.4M | $575.4M | ||
| Q1 25 | $22.6M | $558.9M | ||
| Q4 24 | $32.8M | $556.8M | ||
| Q3 24 | $34.9M | $545.2M | ||
| Q2 24 | $18.6M | $544.6M | ||
| Q1 24 | $18.2M | $554.0M |
| Q4 25 | $754.1M | $904.1M | ||
| Q3 25 | $720.6M | $851.8M | ||
| Q2 25 | $673.4M | $795.0M | ||
| Q1 25 | $640.1M | $788.4M | ||
| Q4 24 | $641.2M | $793.1M | ||
| Q3 24 | $619.3M | $801.3M | ||
| Q2 24 | $573.1M | $788.4M | ||
| Q1 24 | $563.2M | $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 | — | 0.30× |
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 | $401.3M | $-4.1M |
| Free Cash FlowOCF − Capex | $382.2M | $-11.3M |
| FCF MarginFCF / Revenue | 446.6% | -7.6% |
| Capex IntensityCapex / Revenue | 22.3% | 4.8% |
| Cash ConversionOCF / Net Profit | 23.82× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $652.5M | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $401.3M | $-4.1M | ||
| Q3 25 | $105.1M | $19.4M | ||
| Q2 25 | $95.6M | $-13.8M | ||
| Q1 25 | $83.7M | $15.6M | ||
| Q4 24 | $323.8M | $14.0M | ||
| Q3 24 | $77.6M | $15.7M | ||
| Q2 24 | $77.3M | $37.8M | ||
| Q1 24 | $74.4M | $12.9M |
| Q4 25 | $382.2M | $-11.3M | ||
| Q3 25 | $99.9M | $9.0M | ||
| Q2 25 | $91.0M | $-26.0M | ||
| Q1 25 | $79.3M | $12.3M | ||
| Q4 24 | $310.8M | $12.5M | ||
| Q3 24 | $73.7M | $13.3M | ||
| Q2 24 | $74.7M | $35.8M | ||
| Q1 24 | $72.3M | $10.4M |
| Q4 25 | 446.6% | -7.6% | ||
| Q3 25 | 95.6% | 6.6% | ||
| Q2 25 | 90.8% | -23.5% | ||
| Q1 25 | 87.4% | 15.4% | ||
| Q4 24 | 384.6% | 11.6% | ||
| Q3 24 | 80.8% | 13.0% | ||
| Q2 24 | 86.6% | 36.1% | ||
| Q1 24 | 114.4% | 11.4% |
| Q4 25 | 22.3% | 4.8% | ||
| Q3 25 | 5.0% | 7.7% | ||
| Q2 25 | 4.6% | 11.0% | ||
| Q1 25 | 4.8% | 4.0% | ||
| Q4 24 | 16.1% | 1.4% | ||
| Q3 24 | 4.3% | 2.3% | ||
| Q2 24 | 3.0% | 2.0% | ||
| Q1 24 | 3.4% | 2.7% |
| Q4 25 | 23.82× | -0.50× | ||
| Q3 25 | 2.52× | 1.63× | ||
| Q2 25 | — | -1.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | 18.19× | — | ||
| Q2 24 | 25.21× | 3.21× | ||
| Q1 24 | 13.44× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OPFI
Segment breakdown not available.
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
