SHLSShoals Technologies Group, Inc.

$8.76+20% 1Y
Latest close: back above its 200-day averageOct 9, 2026what changed →

The financials

Shoals Technologies Group, Inc. by the numbers

Shoals Technologies Group, Inc. (SHLS) reported revenue of $163M in Q2 2026 (quarter ended Jun 30, 2026), up 47% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $12M (7.4% of revenue). For the full year FY2025, revenue was $475M (+19% year on year) and net income $34M. Its largest product in Q2 2026 was System Solutions at $114M, 70% of the disclosed total, well ahead of Components at 30%. The next results filing is expected around Nov 3, 2026, the same week as a year ago.

Shoals Technologies Group, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$163M$111M+47%
Gross profit$50M$41M+20%
Operating income$19M$16M+17%
Net income$12M$14M−12%
Diluted EPS$0.07$0.08−12%
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
System Solutions$114M70%
Components$49M30%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $163.4M (+16%)
Components grew +86% year on yearSystem Solutions +35% year on year
  • System Solutions$114.2Mquarter on quarter +3.0%year on year +35%
  • Components$49.2Mquarter on quarter +65%year on year +86%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Aug 4, 2026, SEC EDGAR