Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. (Nasdaq: SHLS) designs and manufactures electrical infrastructure solutions for solar photovoltaic, battery energy storage system (BESS), and data center power applications, as well as components for original equipment manufacturers. Its products include solar wiring assemblies,… From the company’s description.
Over the twelve months to Sep 30, 2026, Shoals Technologies Group, Inc. reported revenue of $647.56M, up 49.2% from a year earlier, and net income of $37.83M. Its operating margin was 11.2%, and operations used $9.88M in cash. In fiscal 2025, it reported revenue of $475.33M, up 19.1% from fiscal 2024, and net income of $33.57M.
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) designs and manufactures electrical infrastructure solutions for solar photovoltaic, battery energy storage system (BESS), and data center power applications, as well as components for original equipment manufacturers. Its products include solar wiring assemblies, interconnection systems, combiners, disconnect switches, monitoring systems, and BESS recombiners and prefabricated wiring systems. Shoals also provides project design, engineering, installation support, and technical assistance to developers, engineering, procurement and construction firms, subcontractors, and OEMs. The company sells customized system solutions and individual components for utility-scale solar, commercial, community and industrial projects, energy storage installations, and emerging data center applications. Shoals operates in Tennessee and Alabama manufacturing facilities and serves customers in the United States and international markets. For fiscal 2025, it had approximately 1,480 full-time and temporary employees; its largest customer accounted for 19.1% of revenue. Founded in 1996, the company developed its Big Lead Assembly trunk bus, which connects solar panel strings through above-ground electrical infrastructure. Its website is www.shoals.com.
Company details
- Sector
- Industrials
- Industry (SIC)
- 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.
Put this business in context.
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