• Reported GAAP EPS of $0.05 • Reported revenue of $148.32M up 38.64% YoY • Shoals Technologies Group anticipates Q1 2026 revenue between $125M and $135M and Adjusted EBITDA from $16M to $21M. For full year 2026, revenue is expected to range from $560M to $600M.
Bullish
Shoals Technologies Group achieved strong revenue growth driven by increased sales volumes and recorded a record backlog of $747.6 million. The company is strategically expanding its product portfolio and diversifying into new market segments.
Bearish
Shoals Technologies Group faced a gross profit percentage decline due to increased material costs and tariffs. Higher legal expenses and utility scale solar market headwinds also impacted performance.