Shoals Technologies Group, Inc. (SHLS) Stock

NASDAQ: SHLSProvider of electrical balance of systems solutions for solar energy and utility-scale projects.

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Shoals Technologies revenue & net income

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Shoals Technologies annual financials

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Shoals Technologies Group, Inc. revenue, net income and EPS by fiscal year
Fiscal yearRevenueNet incomeEPS
FY2025$475.3M$33.6M$0.35
FY2024$399.2M$24.1M$0.33
FY2023$488.9M$40.0M$0.60
FY2022$326.9M$127.6M$0.37
FY2021$213.2M$2.3M$0.22

Fiscal year ending December 31. Source: company filings via EODHD.

About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. specializes in providing innovative electrical balance of system (EBOS) solutions tailored for solar energy projects across the United States. The company designs and manufactures a comprehensive range of EBOS components essential for efficient solar installations, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, and wire management solutions. Additionally, Shoals offers advanced IV curve benchmarking devices to ensure optimal performance and reliability.

In addition to its solar offerings, Shoals Technologies Group extends its expertise to EV Charging solutions, catering to both public and fleet electric vehicle charging stations. These solutions contribute to the expansion of sustainable transportation infrastructure, aligning with global efforts to promote electric mobility.

Founded in 1996 and headquartered in Portland, Tennessee, Shoals Technologies Group serves as a key supplier to engineering, procurement, and construction (EPC) firms involved in solar energy projects and electric vehicle charging station installations. The company's products are integral components in the construction and operation of solar farms and charging networks, facilitating seamless integration and reliable performance.

Driven by a commitment to innovation and quality, Shoals Technologies Group continues to lead the EBOS industry with cutting-edge solutions that enhance efficiency, reliability, and safety in renewable energy and electric mobility sectors. With a strong focus on customer satisfaction and technological advancement, the company remains at the forefront of advancing sustainable energy solutions worldwide.

Shoals Technologies stock FAQ

What is the Shoals Technologies stock ticker symbol?

Shoals Technologies Group, Inc. trades on the NASDAQ under the ticker symbol SHLS.

What sector and industry is Shoals Technologies in?

Shoals Technologies Group, Inc. is classified in the Technology sector, Solar industry.

How many employees does Shoals Technologies have?

Shoals Technologies Group, Inc. has about 1,480 full-time employees.

What were Shoals Technologies's revenue and earnings last fiscal year?

Shoals Technologies reported revenue of $475.3M and net income of $33.6M in fiscal 2025, with earnings per share of $0.35. Revenue grew 19.1% from the prior year.

Is Shoals Technologies in the Russell 2000?

Yes. Shoals Technologies Group, Inc. (SHLS) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.

When did Shoals Technologies go public?

Shoals Technologies stock began trading on January 27, 2021.

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