Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
Previous close
$8.42
+$0.03 · +0.36%
After-hours
$8.34
−$0.08 · -0.95%
Oct 8, 7:42 PM ET
Regular session · ET · Market data may be delayed.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
Day range
Current $8.42
52-week range
Current $8.42
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
76
Undervalued
Sentiment
52
Mixed
Risk
58
Elevated Risk
Momentum
48
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
Day range
Current $8.42
52-week range
Current $8.42
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 475.33M USD | 399.21M USD | 488.94M USD | 326.94M USD | 213.21M USD |
| Cost of goods sold | 308.82M USD | 257.19M USD | 320.64M USD | 195.63M USD | 130.57M USD |
| Gross profit | 166.51M USD | 142.02M USD | 168.3M USD | 131.31M USD | 82.65M USD |
| Selling, general, and administrative | 101.52M USD | 82.25M USD | 80.72M USD | 55.91M USD | 37.89M USD |
| Operating expenses | 110.12M USD | 90.85M USD | 89.27M USD | 64.98M USD | 46.41M USD |
| Interest income | 305K USD | 518K USD | — | — | — |
| Interest expense | 9.99M USD | 13.83M USD | 24.1M USD | 18.54M USD | 14.55M USD |
| Depreciation and amortization | 13.82M USD | 12.63M USD | 10.53M USD | 10.51M USD | 10.05M USD |
| Operating income | 56.39M USD | 51.17M USD | 79.04M USD | 66.33M USD | 36.23M USD |
| Net income | 33.57M USD | 24.13M USD | 39.97M USD | 127.61M USD | 2.35M USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$12.50
48.46% upsideFunds reporting this stock among their holdings, ordered by reported position size.
First Trust RBA American Industrial RenaissanceTM ETFAIRR63.62M0.70%9.03B USD0.69%$104.14-0.33%
Vanguard Morningstar Total Stock Market ETFVTI36.98M0.00%2.3T USD0.03%$379.56-0.39%
iShares Russell 2000 ETFIWM36.96M0.05%77.7B USD0.19%$277.57-0.05%
iShares Global Clean Energy ETFICLN30.13M1.34%2.27B USD0.38%$17.12-1.10%
Invesco Solar ETFTAN27.37M3.06%894.08M USD0.70%$43.32-0.48%
Vanguard Extended Market ETFVXF13.46M0.01%95.4B USD0.05%$233.13-0.15%
Vanguard Morningstar Small-Cap ETFVB13.34M0.01%185.3B USD0.03%$287.63+0.23%
Dimensional - US Targeted Value ETFDFAT12.8M0.04%30B USD0.33%$67.56+0.72%
First Trust RBA American Industrial RenaissanceTM ETFAIRR
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
iShares Global Clean Energy ETFICLN
Invesco Solar ETFTAN
Vanguard Extended Market ETFVXF
Vanguard Morningstar Small-Cap ETFVB
Dimensional - US Targeted Value ETFDFATAI-generated and delayed market data for informational and educational purposes only. Not investment advice.