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Side-by-side financial comparison of SIMMONS FIRST NATIONAL CORP (SFNC) and Shoals Technologies Group, Inc. (SHLS). Click either name above to swap in a different company.
SIMMONS FIRST NATIONAL CORP is the larger business by last-quarter revenue ($197.3M vs $148.3M, roughly 1.3× Shoals Technologies Group, Inc.). On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 19.6%). SIMMONS FIRST NATIONAL CORP produced more free cash flow last quarter ($411.4M vs $-11.3M). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 0.6%).
Simmons Bank is a bank with operations in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. It is the primary subsidiary of Simmons First National Corporation, a bank holding company.
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.
SFNC vs SHLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $197.3M | $148.3M |
| Net Profit | — | $8.1M |
| Gross Margin | — | 31.6% |
| Operating Margin | — | 11.7% |
| Net Margin | — | 5.5% |
| Revenue YoY | 19.6% | 38.6% |
| Net Profit YoY | — | 3.9% |
| EPS (diluted) | $0.36 | $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 | $197.3M | $148.3M | ||
| Q3 25 | $186.7M | $135.8M | ||
| Q2 25 | $214.2M | $110.8M | ||
| Q1 25 | $209.6M | $80.4M | ||
| Q4 24 | $208.5M | $107.0M | ||
| Q3 24 | $174.8M | $102.2M | ||
| Q2 24 | $197.2M | $99.2M | ||
| Q1 24 | $195.1M | $90.8M |
| Q4 25 | — | $8.1M | ||
| Q3 25 | $-562.8M | $11.9M | ||
| Q2 25 | $54.8M | $13.9M | ||
| Q1 25 | $32.4M | $-282.0K | ||
| Q4 24 | — | $7.8M | ||
| Q3 24 | $24.7M | $-267.0K | ||
| Q2 24 | $40.8M | $11.8M | ||
| Q1 24 | $38.9M | $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 | — | 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% | ||
| Q1 24 | — | 12.8% |
| Q4 25 | — | 5.5% | ||
| Q3 25 | -301.5% | 8.7% | ||
| Q2 25 | 25.6% | 12.5% | ||
| Q1 25 | 15.5% | -0.4% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | 14.1% | -0.3% | ||
| Q2 24 | 20.7% | 11.9% | ||
| Q1 24 | 19.9% | 5.3% |
| Q4 25 | $0.36 | $0.05 | ||
| Q3 25 | $-4.00 | $0.07 | ||
| Q2 25 | $0.43 | $0.08 | ||
| Q1 25 | $0.26 | $0.00 | ||
| Q4 24 | $0.38 | $0.04 | ||
| Q3 24 | $0.20 | $0.00 | ||
| Q2 24 | $0.32 | $0.07 | ||
| Q1 24 | $0.31 | $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 | — | $7.3M |
| Total DebtLower is stronger | $620.0M | — |
| Stockholders' EquityBook value | $3.4B | $600.0M |
| Total Assets | $24.5B | $904.1M |
| Debt / EquityLower = less leverage | 0.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $7.3M | ||
| Q3 25 | — | $8.6M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $35.6M | ||
| Q4 24 | — | $23.5M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $15.2M |
| Q4 25 | $620.0M | — | ||
| Q3 25 | $667.8M | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.3B | $141.8M | ||
| Q4 24 | $1.1B | $141.8M | ||
| Q3 24 | $1.4B | $141.8M | ||
| Q2 24 | $1.7B | $146.8M | ||
| Q1 24 | $1.2B | $168.8M |
| Q4 25 | $3.4B | $600.0M | ||
| Q3 25 | $3.4B | $589.6M | ||
| Q2 25 | $3.5B | $575.4M | ||
| Q1 25 | $3.5B | $558.9M | ||
| Q4 24 | $3.5B | $556.8M | ||
| Q3 24 | $3.5B | $545.2M | ||
| Q2 24 | $3.5B | $544.6M | ||
| Q1 24 | $3.4B | $554.0M |
| Q4 25 | $24.5B | $904.1M | ||
| Q3 25 | $24.2B | $851.8M | ||
| Q2 25 | $26.7B | $795.0M | ||
| Q1 25 | $26.8B | $788.4M | ||
| Q4 24 | $26.9B | $793.1M | ||
| Q3 24 | $27.3B | $801.3M | ||
| Q2 24 | $27.4B | $788.4M | ||
| Q1 24 | $27.4B | $825.3M |
| Q4 25 | 0.18× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.28× | — | ||
| Q1 25 | 0.35× | 0.25× | ||
| Q4 24 | 0.32× | 0.25× | ||
| Q3 24 | 0.40× | 0.26× | ||
| Q2 24 | 0.50× | 0.27× | ||
| Q1 24 | 0.36× | 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 | $449.5M | $-4.1M |
| Free Cash FlowOCF − Capex | $411.4M | $-11.3M |
| FCF MarginFCF / Revenue | 208.5% | -7.6% |
| Capex IntensityCapex / Revenue | 19.3% | 4.8% |
| Cash ConversionOCF / Net Profit | — | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $717.0M | $-16.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $449.5M | $-4.1M | ||
| Q3 25 | $223.4M | $19.4M | ||
| Q2 25 | $77.6M | $-13.8M | ||
| Q1 25 | $32.8M | $15.6M | ||
| Q4 24 | $425.9M | $14.0M | ||
| Q3 24 | $199.4M | $15.7M | ||
| Q2 24 | $86.1M | $37.8M | ||
| Q1 24 | $57.6M | $12.9M |
| Q4 25 | $411.4M | $-11.3M | ||
| Q3 25 | $216.7M | $9.0M | ||
| Q2 25 | $66.3M | $-26.0M | ||
| Q1 25 | $22.6M | $12.3M | ||
| Q4 24 | $380.4M | $12.5M | ||
| Q3 24 | $187.7M | $13.3M | ||
| Q2 24 | $72.7M | $35.8M | ||
| Q1 24 | $47.7M | $10.4M |
| Q4 25 | 208.5% | -7.6% | ||
| Q3 25 | 116.1% | 6.6% | ||
| Q2 25 | 31.0% | -23.5% | ||
| Q1 25 | 10.8% | 15.4% | ||
| Q4 24 | 182.5% | 11.6% | ||
| Q3 24 | 107.4% | 13.0% | ||
| Q2 24 | 36.9% | 36.1% | ||
| Q1 24 | 24.5% | 11.4% |
| Q4 25 | 19.3% | 4.8% | ||
| Q3 25 | 3.6% | 7.7% | ||
| Q2 25 | 5.3% | 11.0% | ||
| Q1 25 | 4.8% | 4.0% | ||
| Q4 24 | 21.8% | 1.4% | ||
| Q3 24 | 6.7% | 2.3% | ||
| Q2 24 | 6.8% | 2.0% | ||
| Q1 24 | 5.0% | 2.7% |
| Q4 25 | — | -0.50× | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | 1.42× | -1.00× | ||
| Q1 25 | 1.01× | — | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | 8.06× | — | ||
| Q2 24 | 2.11× | 3.21× | ||
| Q1 24 | 1.48× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SFNC
Segment breakdown not available.
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
