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Shoals Technologies Group, Inc. (SHLS)

Nasdaq: SHLS · Semiconductors & Related Devices · Portland, TN · filing with the SEC since 2020

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Grade5.1

◀ Past 5.4● Present 5.5▶ Future 4.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The companyfiscal 2025, as filed

Revenue$475M+19.1%

Net income$33.6M+39.2%

Earnings per share$0.20+42.9%

Operating cash flow$17.1M-78.8%

Cash$7.3M-68.9%

Debtn/a

Shareholders’ equity$600M+7.8%

Shares, diluted168.4M-0.2%

Return on equity5.6%

The recordfrom its filings

Filings in 202672

Newest filingNov 5 · 425

Annual reportFeb 24, 2026

Quarterly reportNov 4, 2026

Next report due10-K by Mar 16

Insider sales, 12 months$600,000

Insider buys, 12 months$0.00

Patents granted36

Filer categoryAccelerated filer

Trailing twelve months to Sep 2026Revenue $648MNet income $37.8MCash from operations -$9.9Mthe four newest filed quarters added

Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.

Revenue and net income by fiscal yearRevenueNet income

19202122232425

As filed, in USD. Nothing here is a forecast.

News

Nov 5, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 5, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 10-Q

Quarterly report

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 8-K

Results released

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

Nov 4, 2026 · SEC EDGAR · Form 425

Merger communication

Open the filing on sec.gov

An outside story is shown by its headline, its source and its link only. The SI reads the page when you ask it to break one down.

SI brieffrom the record

Core business

Shoals Technologies Group, Inc. is classed by the SEC under Semiconductors & Related Devices (industry code 3674), based in Portland, TN. System Solutions was 79% of fiscal 2025 revenue.

Newest on the record

Merger communication on Nov 5. Before it, merger communication on Nov 5.

What is due next

The 10-K for the period to Dec 31, 2026, due by Mar 16, 2027.

About SHLS

Shoals Technologies Group, Inc. is classed by the SEC under Semiconductors & Related Devices (industry code 3674), based in Portland, TN. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $475 million and a profit of $34 million (its filed statements).

IndustrySemiconductors & Related Devices

HeadquartersPortland, TN

Business modelProduct business with commodity pressure

ExchangeNasdaq

Filing since2020

Fiscal year endsDec 31

SEC number (CIK)1831651

Peers on fileTE, ARRY, TOYO, LSCC

Financial performance

In fiscal 2025 Shoals Technologies Group’s revenue was $475.3 million, up 19.1% from $399.2 million the year before. Net income was $33.57 million, up 39.2%.

Annual report, filed Feb 24, 2026.

Financial statements

The grade

Shoals Technologies Group grades 5.1 of 10 against its own industry, the 99 companies in Semiconductors & Related Devices. All nine metrics are read as filed.

◀ Past5.4

● Present5.5

▶ Future4.3

How the grade is made

Forecast

Every forecast is registered before the outcome, with the rule that settles it. A miss stays on the page.

Company forecasts

SI Assistanton SHLS · research, not advice