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Companies/Shoals Technologies Group, Inc.
Company profile

Shoals Technologies Group, Inc.

NASDAQ: SHLS · Energy · Solar
PublicHQ Portland, TN · SumnerCIK 0001831651Reports USD
#157 of 493 Energy companies by revenue68th-percentile growth
EA Score
60C
FH 66DQ 46GM 73SS 56
v0.1 · 65/100 weight · provisional
↑ Altman-Z, growth stability · ↓ listing tenure, disclosure history
Methodology →
Revenue TTM
$535.5M
Rev growth YoY (TTM)
+37.8%
Net income (FY)
$33.6M
Employees
1,290
Market cap
$1.7B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$475.3M$475.3M2025
Net income$33.6M$33.6M2025
Operating income$56.4M$56.4M2025
Total assets$904.1M$904.1M2025
Liabilities$304.1M$304.1M2025
Equity$600.0M$600.0M2025

Revenue trend

FY2021 – FY2025 · USD
$144.5M
FY21
$175.5M
FY21
$213.2M
FY21
$326.9M
FY22
$488.9M
FY23
$399.2M
FY24
$475.3M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
System Solutions79%
Components21%
By geography

Not disclosed.

The read

Shoals Technologies Group, Inc. booked $475.3M in FY2025 revenue, growing 19% year over year — faster than most Energy companies we track, at a 7.1% net margin.

Peers · Energy
Innovex International, Inc.80B+World Kinect Corporation65BExpro Group Holdings N.V.72BSpartan Delta Corp.62C
Neighbors
Sumner →
Dollar General Corporation$42.7B70B
Key facts
CEOBrandon Moss
SectorEnergy
IndustrySolar
HeadquartersPortland, TN
ExchangeNASDAQ: SHLS
Employees1,290
IPO date2021-01-28
Latest filings
8-K2026-06-128-K2026-05-0510-Q2026-05-058-K2026-05-01DEF 14A2026-03-208-K2026-02-2410-K2026-02-248-K2025-11-06
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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