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Side-by-side financial comparison of Shoals Technologies Group, Inc. (SHLS) and TRICO BANCSHARES (TCBK). 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 $109.4M, roughly 1.4× TRICO BANCSHARES ). TRICO BANCSHARES runs the higher net margin — 251.6% vs 5.5%, a 246.2% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 9.0%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $-11.3M). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 5.4%).
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.
Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.
SHLS vs TCBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $148.3M | $109.4M |
| Net Profit | $8.1M | $33.6M |
| Gross Margin | 31.6% | — |
| Operating Margin | 11.7% | 42.6% |
| Net Margin | 5.5% | 251.6% |
| Revenue YoY | 38.6% | 9.0% |
| Net Profit YoY | 3.9% | 15.8% |
| EPS (diluted) | $0.05 | $1.02 |
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 | $148.3M | $109.4M | ||
| Q3 25 | $135.8M | $107.6M | ||
| Q2 25 | $110.8M | $103.6M | ||
| Q1 25 | $80.4M | $98.6M | ||
| Q4 24 | $107.0M | $100.4M | ||
| Q3 24 | $102.2M | $99.1M | ||
| Q2 24 | $99.2M | $97.9M | ||
| Q1 24 | $90.8M | $98.5M |
| Q4 25 | $8.1M | $33.6M | ||
| Q3 25 | $11.9M | $34.0M | ||
| Q2 25 | $13.9M | $27.5M | ||
| Q1 25 | $-282.0K | $26.4M | ||
| Q4 24 | $7.8M | $29.0M | ||
| Q3 24 | $-267.0K | $29.1M | ||
| Q2 24 | $11.8M | $29.0M | ||
| Q1 24 | $4.8M | $27.7M |
| 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% | 42.6% | ||
| Q3 25 | 13.7% | 43.2% | ||
| Q2 25 | 14.4% | 36.5% | ||
| Q1 25 | 5.4% | 35.8% | ||
| Q4 24 | 15.4% | 38.7% | ||
| Q3 24 | 4.4% | 39.8% | ||
| Q2 24 | 18.7% | 40.0% | ||
| Q1 24 | 12.8% | 38.3% |
| Q4 25 | 5.5% | 251.6% | ||
| Q3 25 | 8.7% | 31.6% | ||
| Q2 25 | 12.5% | 26.6% | ||
| Q1 25 | -0.4% | 26.7% | ||
| Q4 24 | 7.3% | 221.4% | ||
| Q3 24 | -0.3% | 29.3% | ||
| Q2 24 | 11.9% | 29.7% | ||
| Q1 24 | 5.3% | 28.2% |
| Q4 25 | $0.05 | $1.02 | ||
| Q3 25 | $0.07 | $1.04 | ||
| Q2 25 | $0.08 | $0.84 | ||
| Q1 25 | $0.00 | $0.80 | ||
| Q4 24 | $0.04 | $0.88 | ||
| Q3 24 | $0.00 | $0.88 | ||
| Q2 24 | $0.07 | $0.87 | ||
| Q1 24 | $0.03 | $0.83 |
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 | $157.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $600.0M | $1.3B |
| Total Assets | $904.1M | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.3M | $157.0M | ||
| Q3 25 | $8.6M | $298.8M | ||
| Q2 25 | $4.7M | $314.3M | ||
| Q1 25 | $35.6M | $308.3M | ||
| Q4 24 | $23.5M | $145.0M | ||
| Q3 24 | $11.1M | $320.1M | ||
| Q2 24 | $3.2M | $206.6M | ||
| Q1 24 | $15.2M | $82.8M |
| 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 | $600.0M | $1.3B | ||
| Q3 25 | $589.6M | $1.3B | ||
| Q2 25 | $575.4M | $1.3B | ||
| Q1 25 | $558.9M | $1.3B | ||
| Q4 24 | $556.8M | $1.2B | ||
| Q3 24 | $545.2M | $1.2B | ||
| Q2 24 | $544.6M | $1.2B | ||
| Q1 24 | $554.0M | $1.2B |
| Q4 25 | $904.1M | $9.8B | ||
| Q3 25 | $851.8M | $9.9B | ||
| Q2 25 | $795.0M | $9.9B | ||
| Q1 25 | $788.4M | $9.8B | ||
| Q4 24 | $793.1M | $9.7B | ||
| Q3 24 | $801.3M | $9.8B | ||
| Q2 24 | $788.4M | $9.7B | ||
| Q1 24 | $825.3M | $9.8B |
| 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 | $-4.1M | $133.3M |
| Free Cash FlowOCF − Capex | $-11.3M | $127.9M |
| FCF MarginFCF / Revenue | -7.6% | 116.9% |
| Capex IntensityCapex / Revenue | 4.8% | 4.9% |
| Cash ConversionOCF / Net Profit | -0.50× | 3.96× |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0M | $222.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.1M | $133.3M | ||
| Q3 25 | $19.4M | $45.1M | ||
| Q2 25 | $-13.8M | $29.2M | ||
| Q1 25 | $15.6M | $24.5M | ||
| Q4 24 | $14.0M | $109.7M | ||
| Q3 24 | $15.7M | $28.6M | ||
| Q2 24 | $37.8M | $31.8M | ||
| Q1 24 | $12.9M | $25.1M |
| Q4 25 | $-11.3M | $127.9M | ||
| Q3 25 | $9.0M | $43.2M | ||
| Q2 25 | $-26.0M | $28.2M | ||
| Q1 25 | $12.3M | $22.8M | ||
| Q4 24 | $12.5M | $105.2M | ||
| Q3 24 | $13.3M | $27.3M | ||
| Q2 24 | $35.8M | $30.8M | ||
| Q1 24 | $10.4M | $24.1M |
| Q4 25 | -7.6% | 116.9% | ||
| Q3 25 | 6.6% | 40.2% | ||
| Q2 25 | -23.5% | 27.2% | ||
| Q1 25 | 15.4% | 23.1% | ||
| Q4 24 | 11.6% | 104.8% | ||
| Q3 24 | 13.0% | 27.6% | ||
| Q2 24 | 36.1% | 31.5% | ||
| Q1 24 | 11.4% | 24.4% |
| Q4 25 | 4.8% | 4.9% | ||
| Q3 25 | 7.7% | 1.7% | ||
| Q2 25 | 11.0% | 1.0% | ||
| Q1 25 | 4.0% | 1.7% | ||
| Q4 24 | 1.4% | 4.5% | ||
| Q3 24 | 2.3% | 1.3% | ||
| Q2 24 | 2.0% | 1.0% | ||
| Q1 24 | 2.7% | 1.0% |
| Q4 25 | -0.50× | 3.96× | ||
| Q3 25 | 1.63× | 1.33× | ||
| Q2 25 | -1.00× | 1.06× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | 1.79× | 3.78× | ||
| Q3 24 | — | 0.98× | ||
| Q2 24 | 3.21× | 1.10× | ||
| Q1 24 | 2.69× | 0.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SHLS
| System Solutions | $122.0M | 82% |
| Components | $26.3M | 18% |
TCBK
Segment breakdown not available.
