Symbols

SHLS

Shoals Technologies·NASDAQ

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SHLS fundamentals

SHLS Q4 2025 Earnings

Shoals Technologies (SHLS) released its earnings on Feb 24, 2026: revenue was 148.32M (YoY +38.64%), beat estimates; EPS was 0.1 (YoY +25.00%), missed estimates.

Revenue / YoY

148.32M

+38.64%

EPS / YoY

0.1

+25.00%

Report date

Feb 24, 2026

SHLS Earnings Call Summary for Q4,2025

Revenue Growth: Q4 2025 revenue up 38.6% YoY to $148 million, with $603 million of backlog set to ship in 2026.
Backlog Record: Total BLAO of $748 million, including $67 million in BESS orders (4x Q3).
Margin Challenges: Gross margin at 31.6% due to tariffs, labor, and facility transition costs.
2026 Outlook: Revenue guidance of $560-600 million (+22% YoY), with EBITDA of $110-130 million.
Strategic Moves: New BESS production line, ON.energy partnership for AI data centers, and 6%+ growth from new solar products.
Legal Progress: Favorable ITC ruling against Voltage, with final ruling expected in June 2026.

Earnings

EPS

Revenue

Revenue & Expenses

SHLS has released its 2025 Q4 earnings report, with revenue of 148.32M, reflecting a YoY change of 38.64%, and net profit of 8.12M, showing a YoY change of 3.89%. The Sankey diagram below clearly presents SHLS's revenue sources and cost distribution.

Key Indicators

Shoals Technologies (SHLS) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Shoals Technologies (SHLS)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Balance Sheet

Shoals Technologies (SHLS)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Cash Flow

Shoals Technologies (SHLS)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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