Shoals Technologies Group, Inc.
SHLSNasdaq
$10.30
↓ -2.2%Jul 17 close · end-of-day
Price
1Y↑ +77.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.7B
Enterprise Value
$1.7B
P/E
51.5
P/S
3.2
P/B
2.9
EV/EBITDA
23.2
PEG
—
FCF Yield
-4.5%
Dividend Yield
—
Revenue (TTM)
$535.5M
Net Income (TTM)
$33.6M
Free Cash Flow (TTM)
-$77.4M
Gross Margin
33.5%
Operating Margin
11.2%
Net Margin
6.3%
ROE
5.6%
ROIC
7.9%
Debt / Equity
—
Net Cash
$1.9M
Return 1Y
+80.7%
Company profile
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems.
- CEO
- Jason Whitaker
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 840
- Headquarters
- Tennessee
- Website
- shoals.com
Management & directors
- King Bobbie Lee JrChief Legal Officer
- Bardos DominicChief Financial Officer
- Hart James RyanChief People Officer
- Tolnar JefferyPresident
- Moss BrandonChief Executive Officer
- Van Bibber David SeanChief Accounting Officer
Roles derived from SEC Form 4 filings.
Earnings
SHLS Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$140.6M↑ +74.9%
Diluted EPS$0.00—
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $175.5M | $213.2M | $326.9M | $488.9M | $399.2M | $475.3M |
| Gross profit | $66.5M | $82.6M | $131.3M | $168.3M | $142.0M | $166.5M |
| Operating income | $37.3M | $36.2M | $66.3M | $79.0M | $51.2M | $56.4M |
| Net income | $33.8M | $2.3M | $127.6M | $40.0M | $24.1M | $33.6M |
| Diluted EPS | — | $0.00 | $0.85 | $0.24 | $0.14 | $0.20 |
| Operating cash flow | $54.1M | -$4.1M | $39.5M | $92.0M | $80.4M | $17.1M |
| Free cash flow | $50.8M | -$8.2M | $36.3M | $81.4M | $72.0M | -$16.0M |
| Gross margin | 37.9% | 38.8% | 40.2% | 34.4% | 35.6% | 35.0% |
| Operating margin | 21.2% | 17.0% | 20.3% | 16.2% | 12.8% | 11.9% |
| Net margin | 19.2% | 1.1% | 39.0% | 8.2% | 6.0% | 7.1% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $99.2M | $102.2M | $107.0M | $80.4M | $110.8M | $135.8M | $148.3M | $140.6M |
| Gross profit | $40.0M | $25.4M | $40.2M | $28.1M | $41.2M | $50.3M | $46.9M | $41.0M |
| Operating income | $18.6M | $4.5M | $16.5M | $4.3M | $16.0M | $18.7M | $17.4M | $7.7M |
| Net income | $11.8M | -$267,000.00 | $7.8M | -$282,000.00 | $13.9M | $11.9M | $8.1M | -$297,000.00 |
| Diluted EPS | $0.07 | $0.00 | $0.04 | $0.00 | $0.08 | $0.07 | $0.05 | $0.00 |
| Operating cash flow | $37.8M | $15.7M | $14.0M | $15.6M | -$13.8M | $19.4M | -$4.1M | -$41.4M |
| Free cash flow | $35.8M | $13.3M | $12.5M | $12.3M | -$26.0M | $9.0M | -$11.3M | -$49.1M |
| Gross margin | 40.3% | 24.8% | 37.6% | 35.0% | 37.2% | 37.0% | 31.6% | 29.2% |
| Operating margin | 18.7% | 4.4% | 15.4% | 5.4% | 14.4% | 13.7% | 11.7% | 5.5% |
| Net margin | 11.9% | -0.3% | 7.3% | -0.4% | 12.5% | 8.7% | 5.5% | -0.2% |
Company news
Jul 16, 2026
- 4d agoWhy Shoals Technologies Group (SHLS) Is Up 17.6% After Q1 Beat And New Plant Opening And What's Nextfinance.yahoo.com
- 4d agoShoals Technologies Group (SHLS) Stock Looks Fully Valued Following Its 98% Runfinance.yahoo.com
- 4d agoShoals Technologies Group (SHLS) On Strong Q1 And Jefferies Support As Valuation Stays In Focusfinance.yahoo.com
Jul 7, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-16 | King Bobbie Lee Jr· Chief Legal Officer | Sale | 10,000 | $10.41 | $104,100.00 | filing |
| 2026-06-16 | King Bobbie Lee Jr· Chief Legal Officer | Tax withholding | 6,377 | $9.96 | $63,514.92 | filing |
| 2026-06-16 | King Bobbie Lee Jr· Chief Legal Officer | Gift | 1,000 | $0.00 | $0.00 | filing |
| 2026-06-15 | King Bobbie Lee Jr· Chief Legal Officer | Tax withholding | 6,377 | $10.30 | $65,683.10 | filing |
| 2026-06-01 | Bardos Dominic· Chief Financial Officer | Tax withholding | 30,204 | $12.18 | $367,884.72 | filing |
| 2026-06-01 | TOLNAR JEFFERY· President | Tax withholding | 8,630 | $12.18 | $105,113.40 | filing |
| 2026-06-01 | Hart James Ryan· Chief People Officer | Tax withholding | 6,479 | $12.18 | $78,914.22 | filing |
| 2026-05-08 | Bardos Dominic· Chief Financial Officer | Sale | 54,449 | $8.48 | $461,727.52 | filing |
| 2026-04-30 | Forth John Bradford | Award | 35,265 | $0.00 | $0.00 | filing |
| 2026-04-30 | Ramdev Niharika | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-04-30 | Volpe Toni | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-04-30 | MILLS JEANNETTE M | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-04-30 | JULIAN ROBERT K. | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-04-30 | Sundberg Lori S | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-04-30 | Daul Ty P. | Award | 22,671 | $0.00 | $0.00 | filing |
| 2026-03-04 | MOSS BRANDON· Chief Executive Officer | Tax withholding | 92,738 | $6.14 | $569,411.32 | filing |
| 2026-03-04 | Bardos Dominic· Chief Financial Officer | Tax withholding | 27,114 | $6.14 | $166,479.96 | filing |
| 2026-03-04 | TOLNAR JEFFERY· President | Tax withholding | 23,206 | $6.14 | $142,484.84 | filing |
| 2026-02-17 | MOSS BRANDON· Chief Executive Officer | Award | 205,608 | $0.00 | $0.00 | filing |
| 2026-02-17 | TOLNAR JEFFERY· President | Award | 56,075 | $0.00 | $0.00 | filing |
| 2026-02-17 | King Bobbie Lee Jr· Chief Legal Officer | Award | 28,038 | $0.00 | $0.00 | filing |
| 2026-02-17 | Bardos Dominic· Chief Financial Officer | Award | 64,253 | $0.00 | $0.00 | filing |
| 2026-02-17 | Van Bibber David Sean· Chief Accounting Officer | Award | 10,515 | $0.00 | $0.00 | filing |
| 2025-12-05 | Bardos Dominic· Chief Financial Officer | Sale | 4,170 | $7.83 | $32,651.10 | filing |
| 2025-12-05 | TOLNAR JEFFERY· President | Sale | 2,450 | $7.85 | $19,232.50 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.