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Side-by-side financial comparison of Shoals Technologies Group, Inc. (SHLS) and WSFS FINANCIAL CORP (WSFS). Click either name above to swap in a different company.

WSFS FINANCIAL CORP is the larger business by last-quarter revenue ($275.3M vs $148.3M, roughly 1.9× Shoals Technologies Group, Inc.). WSFS FINANCIAL CORP runs the higher net margin — 31.5% vs 5.5%, a 26.1% gap on every dollar of revenue. On growth, Shoals Technologies Group, Inc. posted the faster year-over-year revenue change (38.6% vs 7.5%). Over the past eight quarters, Shoals Technologies Group, Inc.'s revenue compounded faster (27.8% CAGR vs 1.7%).

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.

WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and wealth management franchise headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Virginia (1), and Nevada (1) and provides comprehensive financial services including comme...

SHLS vs WSFS — Head-to-Head

Bigger by revenue
WSFS
WSFS
1.9× larger
WSFS
$275.3M
$148.3M
SHLS
Growing faster (revenue YoY)
SHLS
SHLS
+31.1% gap
SHLS
38.6%
7.5%
WSFS
Higher net margin
WSFS
WSFS
26.1% more per $
WSFS
31.5%
5.5%
SHLS
Faster 2-yr revenue CAGR
SHLS
SHLS
Annualised
SHLS
27.8%
1.7%
WSFS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SHLS
SHLS
WSFS
WSFS
Revenue
$148.3M
$275.3M
Net Profit
$8.1M
$86.8M
Gross Margin
31.6%
Operating Margin
11.7%
Net Margin
5.5%
31.5%
Revenue YoY
38.6%
7.5%
Net Profit YoY
3.9%
31.7%
EPS (diluted)
$0.05
$1.64

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.

Revenue
SHLS
SHLS
WSFS
WSFS
Q1 26
$275.3M
Q4 25
$148.3M
$271.9M
Q3 25
$135.8M
$270.5M
Q2 25
$110.8M
$267.5M
Q1 25
$80.4M
$256.1M
Q4 24
$107.0M
$261.5M
Q3 24
$102.2M
$267.7M
Q2 24
$99.2M
$266.0M
Net Profit
SHLS
SHLS
WSFS
WSFS
Q1 26
$86.8M
Q4 25
$8.1M
$72.7M
Q3 25
$11.9M
$76.4M
Q2 25
$13.9M
$72.3M
Q1 25
$-282.0K
$65.9M
Q4 24
$7.8M
$64.2M
Q3 24
$-267.0K
$64.4M
Q2 24
$11.8M
$69.3M
Gross Margin
SHLS
SHLS
WSFS
WSFS
Q1 26
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%
Operating Margin
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
11.7%
35.8%
Q3 25
13.7%
37.3%
Q2 25
14.4%
35.7%
Q1 25
5.4%
34.0%
Q4 24
15.4%
32.3%
Q3 24
4.4%
31.9%
Q2 24
18.7%
34.0%
Net Margin
SHLS
SHLS
WSFS
WSFS
Q1 26
31.5%
Q4 25
5.5%
26.7%
Q3 25
8.7%
28.3%
Q2 25
12.5%
27.0%
Q1 25
-0.4%
25.7%
Q4 24
7.3%
24.6%
Q3 24
-0.3%
24.1%
Q2 24
11.9%
26.0%
EPS (diluted)
SHLS
SHLS
WSFS
WSFS
Q1 26
$1.64
Q4 25
$0.05
$1.33
Q3 25
$0.07
$1.37
Q2 25
$0.08
$1.27
Q1 25
$0.00
$1.12
Q4 24
$0.04
$1.08
Q3 24
$0.00
$1.08
Q2 24
$0.07
$1.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SHLS
SHLS
WSFS
WSFS
Cash + ST InvestmentsLiquidity on hand
$7.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$600.0M
$2.7B
Total Assets
$904.1M
$22.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
$7.3M
$1.7B
Q3 25
$8.6M
Q2 25
$4.7M
Q1 25
$35.6M
Q4 24
$23.5M
$1.2B
Q3 24
$11.1M
Q2 24
$3.2M
Total Debt
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$141.8M
Q4 24
$141.8M
Q3 24
$141.8M
Q2 24
$146.8M
Stockholders' Equity
SHLS
SHLS
WSFS
WSFS
Q1 26
$2.7B
Q4 25
$600.0M
$2.7B
Q3 25
$589.6M
$2.8B
Q2 25
$575.4M
$2.7B
Q1 25
$558.9M
$2.7B
Q4 24
$556.8M
$2.6B
Q3 24
$545.2M
$2.7B
Q2 24
$544.6M
$2.5B
Total Assets
SHLS
SHLS
WSFS
WSFS
Q1 26
$22.1B
Q4 25
$904.1M
$21.3B
Q3 25
$851.8M
$20.8B
Q2 25
$795.0M
$20.8B
Q1 25
$788.4M
$20.5B
Q4 24
$793.1M
$20.8B
Q3 24
$801.3M
$20.9B
Q2 24
$788.4M
$20.7B
Debt / Equity
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.25×
Q4 24
0.25×
Q3 24
0.26×
Q2 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SHLS
SHLS
WSFS
WSFS
Operating Cash FlowLast quarter
$-4.1M
Free Cash FlowOCF − Capex
$-11.3M
FCF MarginFCF / Revenue
-7.6%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
-0.50×
TTM Free Cash FlowTrailing 4 quarters
$-16.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
$-4.1M
$220.0M
Q3 25
$19.4M
$121.5M
Q2 25
$-13.8M
$37.2M
Q1 25
$15.6M
$8.7M
Q4 24
$14.0M
$219.9M
Q3 24
$15.7M
$3.1M
Q2 24
$37.8M
$44.8M
Free Cash Flow
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
$-11.3M
$213.6M
Q3 25
$9.0M
$120.3M
Q2 25
$-26.0M
$35.2M
Q1 25
$12.3M
$6.3M
Q4 24
$12.5M
$205.6M
Q3 24
$13.3M
$-489.0K
Q2 24
$35.8M
$42.1M
FCF Margin
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
-7.6%
78.6%
Q3 25
6.6%
44.5%
Q2 25
-23.5%
13.2%
Q1 25
15.4%
2.5%
Q4 24
11.6%
78.6%
Q3 24
13.0%
-0.2%
Q2 24
36.1%
15.8%
Capex Intensity
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
4.8%
2.3%
Q3 25
7.7%
0.5%
Q2 25
11.0%
0.7%
Q1 25
4.0%
0.9%
Q4 24
1.4%
5.5%
Q3 24
2.3%
1.4%
Q2 24
2.0%
1.0%
Cash Conversion
SHLS
SHLS
WSFS
WSFS
Q1 26
Q4 25
-0.50×
3.03×
Q3 25
1.63×
1.59×
Q2 25
-1.00×
0.51×
Q1 25
0.13×
Q4 24
1.79×
3.43×
Q3 24
0.05×
Q2 24
3.21×
0.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SHLS
SHLS

System Solutions$122.0M82%
Components$26.3M18%

WSFS
WSFS

Segment breakdown not available.

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