What is Shoals Technologies Group, Inc.'s market cap?

Shoals Technologies Group, Inc. (SHLS) has a market capitalization of $1.6B and trades on NASDAQ.

What is Shoals Technologies Group, Inc.'s revenue and profitability?

Shoals Technologies Group, Inc. generated $535.5M in trailing twelve-month revenue with net income of $33.6M, representing a net margin of 6.3%. Gross margin stands at 33.5%, with free cash flow of -$74.0M. These figures are based on the Q1 2026 filing.

Who are Shoals Technologies Group, Inc.'s competitors?

Shoals Technologies Group, Inc.'s key competitors include Array Technologies, Inc., Nextracker Inc., SolarEdge Technologies, Inc., and others. These companies compete in similar markets and product categories.

Where is Shoals Technologies Group, Inc. headquartered?

Shoals Technologies Group, Inc. is headquartered in United States of America and employs approximately 1,309 people. It has been publicly traded since 2021.

Shoals Technologies Group, Inc.

SHLS

Market cap

$1.57B+74.7%

Revenue$535.5M+37.8%

Net income$33.6M+76.0%

Free cash flow-$74.0M-203%

EPS (diluted)$0.20+81.8%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$140.6MBeat by $11.4M EPS$0.07Beat by $0.01

Read the full report

Next report

Aug 4, 2026 (In 6 days)

Revenue estimate$160.0M

EPS estimate$0.10

Financials

Q1 2026

Income statement

See full

Revenue$140.6M+74.9%

Gross profit$41.0M+45.7%

Operating income$7.7M+79.0%

Net income-$297.0K-5.3%

EPS (diluted)$0.00—

Balance sheet

See full

Cash & equivalents$1.9M-94.7%

Total debt$37.8M-73.3%

Total equity$601.6M+7.6%

Total assets$1.0B+30.8%

Cash flow

See full

Operating cash flow-$41.4M-366%

CapEx$7.6M+138%

Free cash flow-$49.1M-498%

Valuation & ratios

Valuation

See full

Market cap$1.57B+74.7%

Enterprise value$1.61B+46.2%

P/E46.9×+0.8×

P/S2.9×+0.5×

Profitability

See full

Gross margin33.5%-0.9pp

Operating margin11.2%-0.1pp

Net margin6.3%+1.4pp

Returns & leverage

See full

Return on equity5.8%+2.4pp

Debt / equity0.1×-0.2×

Current ratio1.8×-0.5×

Competitors

By market cap

Quanta Services$93.1B+52.4%

Nextpower Inc. $15.7B+60.6%

Solaris Energy Infrastructure$3.2B+145%

SolarEdge Technologies$2.6B+64.0%

Shoals Technologies Group, Inc.$1.6B+61.6%

Array Technologies, Inc.$847.6M-21.2%

SunPower, Inc. $97.2M-29.2%

Solarmax Technology Inc.$19.1M-61.6%

By revenue growth

Solaris Energy Infrastructure+86.3%

SolarEdge Technologies+39.2%

Shoals Technologies Group, Inc.+37.8%

Quanta Services+21.1%

Nextpower Inc. +20.3%

Array Technologies, Inc.+13.2%

By net margin

Nextpower Inc. 16.46%-0.7pp

Solaris Energy Infrastructure6.93%+2.4pp

Shoals Technologies Group, Inc.6.27%+1.4pp

Quanta Services3.67%-0.1pp

Array Technologies, Inc.-5.56%+15.6pp

SolarEdge Technologies-28.56%+162pp

Profile

Shoals Technologies Group is a leading design-engineering and manufacturing firm specializing in advanced electrical balance of systems (EBOS) for solar, battery energy storage, and data center power systems. The company provides mission-critical electrical infrastructure that simplifies installation, improves safety, and enhances system reliability for large-scale energy projects. Their core value proposition centers on reducing total project costs and labor requirements through innovative, patented system solutions.

Competitive position

A leading provider of patented EBOS solutions that differentiate through 'plug-and-play' installation methods which reduce the need for specialized licensed electricians.

GeographiesUnited States, Spain, Australia, Latin-America, Europe, Africa, Asia-Pacific

Customer segmentsEPC Contractors, Utility Companies, Hyperscale Data Centers, Renewable Energy Developers

Business modelManufacturing, Design-engineering, B2B

SuppliersAluminum and copper suppliers, Electronic component manufacturers, Raw material providers for molding and insulation

CustomersEngineering, procurement and construction (EPC) firms, Solar project developers, Utility-scale energy storage operators, Data center hyperscalers

CountryUnited States of America

Listed2021

Employees1.3K

CEOBrandon Moss

SectorEnergy

IndustrySolar

Websiteshoals.com

FilingsSEC EDGAR

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Questions, answered.

What is Shoals Technologies Group, Inc.'s market cap?: Shoals Technologies Group, Inc. (SHLS) has a market capitalization of $1.6B and trades on NASDAQ.
What is Shoals Technologies Group, Inc.'s revenue and profitability?: Shoals Technologies Group, Inc. generated $535.5M in trailing twelve-month revenue with net income of $33.6M, representing a net margin of 6.3%. Gross margin stands at 33.5%, with free cash flow of -$74.0M. These figures are based on the Q1 2026 filing.
Who are Shoals Technologies Group, Inc.'s competitors?: Shoals Technologies Group, Inc.'s key competitors include Array Technologies, Inc., Nextracker Inc., SolarEdge Technologies, Inc., and others. These companies compete in similar markets and product categories.
Where is Shoals Technologies Group, Inc. headquartered?: Shoals Technologies Group, Inc. is headquartered in United States of America and employs approximately 1,309 people. It has been publicly traded since 2021.