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Side-by-side financial comparison of Shoals Technologies Group, Inc. (SHLS) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($220.8M vs $148.3M, roughly 1.5× Shoals Technologies Group, Inc.). UNIVERSAL TECHNICAL INSTITUTE INC runs the higher net margin — 5.8% vs 5.5%, a 0.3% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 9.6%). Shoals Technologies Group, Inc. produced more free cash flow last quarter ($-11.3M vs $-19.2M). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 9.5%).
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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
SHLS vs UTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $148.3M | $220.8M |
| Net Profit | $8.1M | $12.8M |
| Gross Margin | 31.6% | — |
| Operating Margin | 11.7% | 7.1% |
| Net Margin | 5.5% | 5.8% |
| Revenue YoY | 38.6% | 9.6% |
| Net Profit YoY | 3.9% | -42.1% |
| EPS (diluted) | $0.05 | $0.23 |
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 | $220.8M | ||
| Q3 25 | $135.8M | $222.4M | ||
| Q2 25 | $110.8M | $204.3M | ||
| Q1 25 | $80.4M | $207.4M | ||
| Q4 24 | $107.0M | $201.4M | ||
| Q3 24 | $102.2M | $196.4M | ||
| Q2 24 | $99.2M | $177.5M | ||
| Q1 24 | $90.8M | $184.2M |
| Q4 25 | $8.1M | $12.8M | ||
| Q3 25 | $11.9M | $18.8M | ||
| Q2 25 | $13.9M | $10.7M | ||
| Q1 25 | $-282.0K | $11.4M | ||
| Q4 24 | $7.8M | $22.2M | ||
| Q3 24 | $-267.0K | $18.8M | ||
| Q2 24 | $11.8M | $5.0M | ||
| Q1 24 | $4.8M | $7.8M |
| 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% | 7.1% | ||
| Q3 25 | 13.7% | 11.2% | ||
| Q2 25 | 14.4% | 6.9% | ||
| Q1 25 | 5.4% | 8.1% | ||
| Q4 24 | 15.4% | 13.6% | ||
| Q3 24 | 4.4% | 13.3% | ||
| Q2 24 | 18.7% | 4.2% | ||
| Q1 24 | 12.8% | 6.1% |
| Q4 25 | 5.5% | 5.8% | ||
| Q3 25 | 8.7% | 8.4% | ||
| Q2 25 | 12.5% | 5.2% | ||
| Q1 25 | -0.4% | 5.5% | ||
| Q4 24 | 7.3% | 11.0% | ||
| Q3 24 | -0.3% | 9.6% | ||
| Q2 24 | 11.9% | 2.8% | ||
| Q1 24 | 5.3% | 4.2% |
| Q4 25 | $0.05 | $0.23 | ||
| Q3 25 | $0.07 | $0.33 | ||
| Q2 25 | $0.08 | $0.19 | ||
| Q1 25 | $0.00 | $0.21 | ||
| Q4 24 | $0.04 | $0.40 | ||
| Q3 24 | $0.00 | $0.35 | ||
| Q2 24 | $0.07 | $0.09 | ||
| Q1 24 | $0.03 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | — | $101.4M |
| Stockholders' EquityBook value | $600.0M | $335.9M |
| Total Assets | $904.1M | $834.0M |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.3M | $162.8M | ||
| Q3 25 | $8.6M | $169.1M | ||
| Q2 25 | $4.7M | $70.7M | ||
| Q1 25 | $35.6M | $96.0M | ||
| Q4 24 | $23.5M | $172.0M | ||
| Q3 24 | $11.1M | $161.9M | ||
| Q2 24 | $3.2M | $115.5M | ||
| Q1 24 | $15.2M | $116.1M |
| Q4 25 | — | $101.4M | ||
| Q3 25 | — | $87.1M | ||
| Q2 25 | — | $73.8M | ||
| Q1 25 | $141.8M | $94.4M | ||
| Q4 24 | $141.8M | $120.1M | ||
| Q3 24 | $141.8M | $125.7M | ||
| Q2 24 | $146.8M | $137.3M | ||
| Q1 24 | $168.8M | $141.9M |
| Q4 25 | $600.0M | $335.9M | ||
| Q3 25 | $589.6M | $328.1M | ||
| Q2 25 | $575.4M | $306.8M | ||
| Q1 25 | $558.9M | $293.9M | ||
| Q4 24 | $556.8M | $280.0M | ||
| Q3 24 | $545.2M | $260.2M | ||
| Q2 24 | $544.6M | $239.4M | ||
| Q1 24 | $554.0M | $232.6M |
| Q4 25 | $904.1M | $834.0M | ||
| Q3 25 | $851.8M | $826.1M | ||
| Q2 25 | $795.0M | $740.8M | ||
| Q1 25 | $788.4M | $720.4M | ||
| Q4 24 | $793.1M | $753.8M | ||
| Q3 24 | $801.3M | $744.6M | ||
| Q2 24 | $788.4M | $706.0M | ||
| Q1 24 | $825.3M | $702.1M |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | 0.25× | 0.32× | ||
| Q4 24 | 0.25× | 0.43× | ||
| Q3 24 | 0.26× | 0.48× | ||
| Q2 24 | 0.27× | 0.57× | ||
| Q1 24 | 0.30× | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | $-11.3M | $-19.2M |
| FCF MarginFCF / Revenue | -7.6% | -8.7% |
| Capex IntensityCapex / Revenue | 4.8% | 10.1% |
| Cash ConversionOCF / Net Profit | -0.50× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0M | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.1M | $3.1M | ||
| Q3 25 | $19.4M | $57.1M | ||
| Q2 25 | $-13.8M | $18.1M | ||
| Q1 25 | $15.6M | $-789.0K | ||
| Q4 24 | $14.0M | $23.0M | ||
| Q3 24 | $15.7M | $67.5M | ||
| Q2 24 | $37.8M | $10.0M | ||
| Q1 24 | $12.9M | $-2.5M |
| Q4 25 | $-11.3M | $-19.2M | ||
| Q3 25 | $9.0M | $40.6M | ||
| Q2 25 | $-26.0M | $6.8M | ||
| Q1 25 | $12.3M | $-11.7M | ||
| Q4 24 | $12.5M | $19.6M | ||
| Q3 24 | $13.3M | $60.0M | ||
| Q2 24 | $35.8M | $3.0M | ||
| Q1 24 | $10.4M | $-8.4M |
| Q4 25 | -7.6% | -8.7% | ||
| Q3 25 | 6.6% | 18.3% | ||
| Q2 25 | -23.5% | 3.4% | ||
| Q1 25 | 15.4% | -5.7% | ||
| Q4 24 | 11.6% | 9.7% | ||
| Q3 24 | 13.0% | 30.6% | ||
| Q2 24 | 36.1% | 1.7% | ||
| Q1 24 | 11.4% | -4.6% |
| Q4 25 | 4.8% | 10.1% | ||
| Q3 25 | 7.7% | 7.4% | ||
| Q2 25 | 11.0% | 5.5% | ||
| Q1 25 | 4.0% | 5.3% | ||
| Q4 24 | 1.4% | 1.7% | ||
| Q3 24 | 2.3% | 3.8% | ||
| Q2 24 | 2.0% | 4.0% | ||
| Q1 24 | 2.7% | 3.2% |
| Q4 25 | -0.50× | 0.24× | ||
| Q3 25 | 1.63× | 3.04× | ||
| Q2 25 | -1.00× | 1.69× | ||
| Q1 25 | — | -0.07× | ||
| Q4 24 | 1.79× | 1.04× | ||
| Q3 24 | — | 3.58× | ||
| Q2 24 | 3.21× | 2.01× | ||
| Q1 24 | 2.69× | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
