Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.

SHLSยทNASDAQ

$12.39

+3.1%
EnergySolar

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

At a Glance

Live Snapshot
Market Cap$2.08B
EPS0.2000
P/E Ratio42.34
Earnings Date08/04/2026
3Y+45.0%
5Y+171.0%
10Y+358.0%
3Y-74.0%
5Y-1.0%
10Y+288.0%
3Y-57.0%
5Y-68.0%
10Y+469.0%
Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. Profit Bridge

SHLS ยท NASDAQ
Revenue475.33M
Cost of Goods Sold (308.82M)
Gross Profit166.51M
Operating Expenses (110.12M)
Operating Income56.38M
Interest Expense (9.99M)
Other Income/Expense-7.87M
Pretax Income48.52M
Income Tax (14.94M)
Net Income33.57M
Net Income
33.57M

Profitability Analysis

Gross Margin

35.0%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

11.9%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

7.1%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

30.8%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Shoals Technologies Group, Inc. Income Statement

SHLS โ€ข NASDAQ

Shoals Technologies Group, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
REVENUE
475.3M
399.2M
488.9M
326.9M
213.2M
175.5M
144.5M
103.8M
GROSS PROFIT
(308.8M)
(257.2M)
(320.6M)
(195.6M)
(130.6M)
(109M)
(100.3M)
(75.6M)
166.5M
142M
168.3M
131.3M
82.6M
66.5M
44.2M
28.2M
OPERATING INCOME
(110.1M)
(90.8M)
(89.3M)
(65M)
(46.4M)
(29.3M)
(17.3M)
(17.1M)
(101.5M)
(82.3M)
(80.7M)
(55.9M)
(37.9M)
(21M)
(9.1M)
(8.9M)
56.4M
51.2M
79M
66.3M
36.2M
37.3M
26.9M
11.1M
PRE-TAX INCOME
(10M)
(13.8M)
(24.1M)
(18.5M)
(14.5M)
(3.5M)
(1.8M)
(2.4M)
-9.7M
-13.3M
-24.1M
-18.5M
-14.5M
-3.5M
-1.8M
-2.4M
(8.6M)
(8.6M)
(8.6M)
(9.1M)
(8.5M)
(8.3M)
(8.2M)
(8.2M)
-7.9M
-13.3M
-24.1M
85.7M
-32.2M
-3.5M
-1.8M
-2.4M
48.5M
37.9M
54.9M
152M
4M
33.8M
25.1M
8.6M
NET INCOME
(14.9M)
(13.7M)
(12.3M)
(9M)
(86K)
(0.0)
(0.0)
(0.0)
33.6M
24.1M
40M
127.6M
2.3M
33.8M
25.1M
8.6M

SEC Filings

SHLS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 20, 2026
April 30, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

February 24, 2026
February 24, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 24, 2026
February 24, 2026
2026
8-K

8-K 2025

N/A

November 06, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 81 filings