SHLSShoals Technologies Group, Inc.

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

Is it growing?

Excellent

Growing: revenue growing +47% year on year, earnings up +58% year on year, and operating margin widening (+0.7 points).

3 good
Revenue trend+47% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +24% a year.

Earnings trend+58% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+0.7 points operating

Trailing-twelve-month operating margin, 10.6% now against 9.9% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is SHLS growing?

Shoals Technologies Group, Inc. has grown revenue 13% a year over three years and 24% a year over five, with earnings per share compounding at −43%.

+13%

Revenue growth, 3-year annual rate · Solar median +20% · steady growth, ahead of inflation · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+24%

Revenue growth, 5-year rate · +13% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
−43%

Earnings per share, 3-year rate · revenue +13% · earnings lagged revenue: the growth is costing something

Years of annual history on file
7

Years of annual history on file · FY2019 to FY2025, as filed

Details›
Revenue FY2021
$213M
Revenue FY2022
$327M
Revenue FY2023
$489M
Revenue FY2024
$399M
Revenue FY2025
$475M

Annual income statements as filed with the SEC.