Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. (Nasdaq: SHLS) is a leading design-engineering company and manufacturer of advanced electrical infrastructure solutions for mission-critical applications across solar photovoltaic, battery energy storage systems, and data center power systems. The company operates at www.shoals.com and… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Shoals Technologies Group, Inc. does
In the company’s own words
Shoals Technologies Group, Inc. (Nasdaq: SHLS) is a leading design-engineering company and manufacturer of advanced electrical infrastructure solutions for mission-critical applications across solar photovoltaic, battery energy storage systems, and data center power systems. The company operates at www.shoals.com and serves original equipment manufacturers and project developers globally.
Founded in 1996, Shoals designs and manufactures electrical balance of systems solutions that integrate design and engineering support, proprietary components, and innovative installation methods. The company's core offering is customized system solutions that maximize reliability and energy production while minimizing cost and accelerating installation. Shoals' flagship product is the Big Lead Assembly trunk bus, which simplifies solar project construction by eliminating individual wire runs and combiner boxes, reducing installation complexity and material costs. The company also offers homeruns, interconnection solutions, combiners and recombiners, load break disconnects, wireless performance monitoring systems, and solar OEM components.
Shoals has expanded its portfolio to address the growing battery energy storage and data center markets. The Recombiner platform aggregates multiple DC inputs from solar arrays, battery storage systems, and other components into single DC outputs, supporting efficient integration and scalability across solar-plus-storage and standalone storage projects. The company's data center solutions leverage its established expertise in DC power architectures and system-level electrical infrastructure design.
The company operates manufacturing facilities in Tennessee and Alabama, with the Alabama facility ISO 9001:2015 certified. In 2025, Shoals invested substantially in expanding and consolidating Tennessee-based operations to a new facility in Portland, Tennessee. The company maintains approximately 1,480 full-time and temporary employees, with the vast majority located in the United States. Sales and engineering teams operate nationally, with international personnel located in Spain and Australia supporting Europe, Latin America, Africa, and Asia-Pacific regions.
Shoals primarily serves engineering, procurement and construction firms working on utility-scale solar and battery energy storage projects, with customers including developers and owners of energy infrastructure assets. The company's intellectual property portfolio includes 39 issued U.S. patents, 4 issued non-U.S. patents, and 49 global patent applications pending examination, with most U.S. patents scheduled to expire between 2035 and 2043.
Company details
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- PORTLAND, TN
- Fiscal year end
- December
- CIK
- 1831651
- SIC
- 3674
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Shoals Technologies Group, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Shoals Technologies Group, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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