SHLS

PORTLAND, Tenn., July 08, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2026 results before market open on Tuesday, August 4, 2026, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day. Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes. About Shoals Technologies Group, Inc.Shoals Technologies Group is a leading manufacturer of advanced electrical infrastructure solutions for mission‑critical applications across utility‑scale solar, battery storage, and data center power systems. Since its founding in 1996, the Company has designed innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability at scale. Shoals Technologies Group is a recognized leader in the energy transition industry. For additional information, please visit: https://www.shoals.com. Contacts:Investor Relations:Matt Tractenberg, VP of Finance and Investor RelationsEmail: [email protected] Media:Lindsey Williams, VP of Marketing and External CommunicationsEmail: [email protected]

Shoals’s 12.5% return over the past six months has outpaced the S&P 500 by 6.1%, and its stock price has climbed to $9.95 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation. Is now the time to buy Shoals, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it’s free. We’re happy investors have made money, but we’re swiping left on Shoals for now. Here are three reasons you should be careful with SHLS, plus one stock we’d rather own. We at StockStory place the most emphasis on long-term growth, but within industrials, a stretched historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Shoals’s recent performance shows its demand has slowed significantly as its annualized revenue growth of 6.2% over the last two years was well below its five-year trend. Free cash flow isn’t a prominently featured metric in company financials and earnings releases, but we think it’s telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Shoals’s margin dropped by 7.5 percentage points over the last five years. If its declines continue, it could signal increasing investment needs and capital intensity. Shoals’s free cash flow margin for the trailing 12 months was negative 14.5%. A company’s ROIC, or return on invested capital, shows how much operating profit it makes compared to the money it has raised (debt and equity). Unfortunately, Shoals’s ROIC has decreased over the last few years. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. Shoals isn’t a terrible business, but it doesn’t pass our bar. With its shares topping the market in recent months, the stock trades at 20.2× forward P/E (or $9.95 per share). This valuation is reasonable, but the company’s shakier fundamentals present too much downside risk. We’re pretty confident there are superior stocks to buy right now. We’d recommend looking at one of Charlie Munger’s all-time favorite businesses. ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sector...

Shoals’ first quarter results were shaped by robust demand in the core U.S. utility-scale solar market and a notable increase in orders, but the market reacted negatively as margin pressures weighed on sentiment. CEO Brandon Moss cited strong quote activity and a record backlog, driven by both new and existing customers, as key drivers behind revenue growth. Management acknowledged that gross margins were impacted by product mix, higher freight costs, tariffs, and temporary labor inefficiencies associated with the move to a new production facility. Moss stated, “We believe that this is the low point of gross margin and that it will improve as we make our way through the year.” Is now the time to buy SHLS? Find out in our full research report (it’s free). Revenue: $140.6 million vs analyst estimates of $129.4 million (74.9% year-on-year growth, 8.7% beat) Adjusted EPS: $0.07 vs analyst estimates of $0.06 (in line) Adjusted EBITDA: $21.11 million vs analyst estimates of $19.82 million (15% margin, 6.5% beat) The company lifted its revenue guidance for the full year to $620 million at the midpoint from $580 million, a 6.9% increase EBITDA guidance for the full year is $125 million at the midpoint, above analyst estimates of $117.3 million Operating Margin: 5.5%, in line with the same quarter last year Backlog: $758 million at quarter end, up 17.5% year on year Market Capitalization: $1.56 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Philip Shen (ROTH Capital Partners) asked whether tax equity financing slowdowns were impacting bookings. CEO Brandon Moss responded that Shoals has not seen a material effect, citing a consistent and robust quote log. Julien Dumoulin-Smith (Jefferies) pressed for detail on BESS adoption cadence and margin trajectory. Moss and CFO Dominic Bardos explained that BESS momentum is strongest in data center and grid firming, while margin improvement will be gradual as facility transition disruptions ease. Praneeth Satish (Wells Fargo) inquired about the specific drivers of margin compression and the outlook for the new data center product. Bardos clarified the split among tariffs, frei...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Shoals Technologies Group (SHLS) is back in focus after its first quarter 2026 update, where the company exceeded earnings and revenue expectations, reported strong solar and battery storage demand, and raised full year revenue and adjusted EBITDA guidance. See our latest analysis for Shoals Technologies Group. The latest earnings beat and guidance raise have coincided with a sharp shift in sentiment, with a 26.98% 1 month share price return and a 13.49% 7 day share price return. The 1 year total shareholder return of 76.86% contrasts with weaker multi year total shareholder returns, suggesting recent momentum is building from a low base. If Shoals has you looking closer at power and grid infrastructure, it could be worth scanning the broader space for ideas using our 34 power grid technology and infrastructure stocks With revenue rising, guidance higher, and the share price sharply up over the past month, the key question now is whether Shoals is still trading at an appealing valuation or if the market is already pricing in future growth. Against the last close of $8.33, the most followed fair value estimate of $9.73 suggests upside, with the story anchored in storage and data center power demand. Read the complete narrative. Want to see what is behind that valuation gap? Revenue mix shifts, margin rebuild, and future earnings power all sit at the core of this narrative. Result: Fair Value of $9.73 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there is still clear execution risk, with margin pressure, legal and warranty costs, and heavier exposure to lower margin products all capable of unsettling this undervaluation story. Find out about the key risks to this Shoals Technologies Group narrative. While the narrative fair value of $9.73 suggests upside, Simply Wall St's DCF model points to a value of $7.03 per share, with Shoals trading at $8.33. That implies the price sits above the model's future cash flow estimate, so which story do you trust more right now? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Shoals Technologies Group for example). We...

Revenue grew 75% year-over-year, driven by resilient demand in the core U.S. utility-scale solar market and a record backlog of $758 million. Adjusted gross margin of 29.6% was impacted by product mix shifts toward long-tail solutions, higher freight costs, and temporary labor inefficiencies during a major facility consolidation. Management moved over 250 pieces of equipment into a new facility within 60 days, and while this caused some disruption and lower margins in the first half of the year, the company expects sequential margin improvement and operational efficiencies as they complete the move in the second half of the year. The company achieved significant operating leverage, with SG&A as a percentage of revenue declining 500 basis points despite ongoing legal expenses related to IP protection. Strategic diversification is accelerating, with international BLAO reaching $100 million and the first revenue recognized from the new Battery Energy Storage System (BESS) product line. Shoals will be a partner on the largest battery-paired AI data center site in the country, a milestone for its BESS line., validating the company's expansion into high-growth power infrastructure. Full-year 2026 revenue and adjusted EBITDA guidance were increased based on strong 'book and turn' business and a resilient domestic solar market. Management expects Q1 to be the low point for gross margins, with sequential improvements anticipated as facility consolidation efficiencies materialize and new employees complete training. Approximately $628 million of the current backlog is scheduled for delivery through Q1 2027, providing high visibility into near-term revenue streams. The company anticipates a healthy ramp in the BESS business through Q2 and expects new products, including those in the traditional solar space, to contribute approximately one-fifth of total 2026 revenue. Inventory levels are expected to remain elevated through the first half of the year to protect delivery timelines, with a planned reduction in the back half to normalize cash flow. A proposed settlement for the shareholder class action suit was announced, with the vast majority of the cost covered by insurance. Ongoing legal expenses related to ITC litigation and IP infringement cases continue to impact SG&A, though recent rulings from the ITC have been favorable. The transition from IEEPA to Section 232 t...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 8 a.m. ET Chief Executive Officer — Brandon Moss Chief Financial Officer — Dominic Bardos Vice President, Investor Relations — Matthew Tractenberg Brandon Moss: Thank you, Matt, and thanks to everyone joining us on the call. First quarter revenue was above our guidance at $141 million, up 75% over the prior year period. Our commercial team continued their strong performance by adding approximately $151 million of new orders in the period. This resulted in another company record backlog and awarded orders, or BLAO, of $758 million, an increase of almost 18% year-over-year. As of quarter end, approximately $628 million of our BLAO has shipment dates in the upcoming 4 quarters for Q1 of 2027. For adjusted gross profit percentage came in slightly below our expected range at 29.6%. This was driven by product mix, tariffs, increased freight costs and some temporary labor inefficiencies as we train additional employees to meet the strong demand on new business lines in our factory. We believe that this is the low point of gross margin and that it will improve as we make our way through the year. SG&A, including all legal expense, was $31 million, representing 22% of revenue, a 500 basis point decline as compared to 27% last year and highlighting the operating leverage inherent in our business model. First quarter adjusted EBITDA of approximately $21 million came in at the high end of our guided range and grew 56% year-over-year. We've also seen some positive movement on our IP infringement case against Voltage. Last week, the International Trade Commission declined to review any contested issues in the ALJ's initial ruling. The commission is still expected to issue its final determination in early June, but it's encouraging news for our shareholders and U.S. manufacturers in general. We are pleased with how the market is evolving and our competitive position of strength and as a result, are increasing both our revenue and adjusted EBITDA guidance for the year. Dominic will step through the updated guidance later in the call. Briefly turning to our various business lines. The first quarter was another strong period of growth within our core utility-scale solar market. Our quote volume in the quarter exceeded $1 billion of unique projects, adding to our strong pipeline. I'm also encouraged by the progress we are...

Q1 beat and backlog jump: Shoals reported revenue of $141 million (up 75% Y/Y), a record BLAO of $758 million with about $628 million scheduled to ship over the next four quarters, and raised full‑year 2026 guidance to $600–$640 million revenue and $118–$132 million adjusted EBITDA. Margins and liquidity under pressure: Adjusted gross margin fell to ~29.6% due to product mix, tariffs, freight and a facility move that management called a near‑term low point, while the company consumed $41.4 million of cash in the quarter (ending cash $1.9 million) and carries net debt of $179.9 million (net debt/adjusted EBITDA ~1.6x). Product momentum and diversification: Strong demand in U.S. utility‑scale solar continued, BESS BLAO rose to about $75 million with initial revenue from an ON.energy partnership, international BLAO is nearly $100 million, and a data‑center product is being developed but unlikely to contribute revenue in 2026. Interested in Shoals Technologies Group, Inc.? Here are five stocks we like better. Got Solar? How You Can Play The Industry's Value Chain Perfectly Shoals Technologies Group (NASDAQ:SHLS) reported first-quarter fiscal 2026 results that came in above the company’s guidance, as management cited strong demand in its core U.S. utility-scale solar market and continued momentum in new products, including battery energy storage-related offerings. Chief Executive Officer Brandon Moss said first-quarter revenue was $141 million, up 75% from the prior-year period and above guidance. CFO Dominic Bardos reported revenue of $140.6 million, attributing the increase “largely” to demand from new and existing customers in U.S. utility-scale solar. → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook Generac Powers Up as Summer Temperatures Rise Commercial activity remained strong, with Moss saying the company added approximately $151 million of new orders in the quarter. That helped drive a record backlog and awarded orders, or BLAO, of $758 million, up nearly 18% year-over-year. Bardos said backlog represents $390.3 million of the total BLAO. Management highlighted near-term visibility within the order book. Moss said that as of quarter end, about $628 million of BLAO had shipment dates in the upcoming four quarters through the first quarter of 2027. Bardos put that figure at $627.6 million, with the remaining $130.4 million slated beyond...

Solar energy systems company Shoals (NASDAQ:SHLS) will be announcing earnings results this Tuesday before market hours. Here’s what to look for. Shoals beat analysts’ revenue expectations last quarter, reporting revenues of $148.3 million, up 38.6% year on year. It was a mixed quarter for the company, with revenue guidance for next quarter exceeding analysts’ expectations but full-year EBITDA guidance missing analysts’ expectations. Is Shoals a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Shoals’s revenue to grow 61% year on year, a reversal from the 11.5% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Shoals rarely misses Wall Street’s revenue estimates. Looking at Shoals’s peers in the renewable energy segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Bloom Energy delivered year-on-year revenue growth of 130%, beating analysts’ expectations by 42%, and Generac reported revenues up 12.4%, topping estimates by 1.1%. Bloom Energy traded up 27.2% following the results while Generac was also up 19.4%. Read our full analysis of Bloom Energy’s results here and Generac’s results here. There has been positive sentiment among investors in the renewable energy segment, with share prices up 9.4% on average over the last month. Shoals is up 25.3% during the same time and is heading into earnings with an average analyst price target of $9.61 (compared to the current share price of $8.22). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

PORTLAND, Tenn. (AP) — PORTLAND, Tenn. (AP) — Shoals Technologies Group Inc. (SHLS) on Tuesday reported a loss of $297,000 in its first quarter. On a per-share basis, the Portland, Tennessee-based company said it had a loss of less than 1 cent. Earnings, adjusted for one-time gains and costs, were 7 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The solar energy equipment supplier posted revenue of $140.6 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $130.2 million. For the current quarter ending in June, Shoals Technologies said it expects revenue in the range of $150 million to $170 million. The company expects full-year revenue in the range of $600 million to $640 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLS at https://www.zacks.com/ap/SHLS

Shoals Technologies Group (SHLS) reported Q1 adjusted earnings Tuesday of $0.07 per diluted share, u

– Quarterly Revenue of $140.6 million – – Income from Operations of $7.7 million – – Net Loss of $0.3 million – – Adjusted EBITDA1 of $21.1 million – – Record Backlog and Awarded Orders of $758.0 million – – Provides Second Quarter and Raises Full-year Outlook – PORTLAND, Tenn., May 05, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, today announced results for its first quarter ended March 31, 2026. “We began the year on very solid footing, with revenue above our expected range and growing at approximately 75% from the prior-year period. The underlying demand environment remains extremely strong as evidenced by our record backlog and awarded orders of $758 million. We are executing our strategic plan of accelerating growth within our core domestic utility scale solar market and expanding our offering into attractive high growth markets,” said Brandon Moss, CEO of Shoals. “The underlying strength of the markets in which we operate, combined with our leading competitive position, a broad and innovative product portfolio, and our new state of the art production facility, positions us exceptionally well to drive profitable growth in 2026 and beyond. We’re very excited about what we see ahead, and are pleased to increase both our revenue and adjusted EBITDA guidance for the current year,” added Mr. Moss. ________________________ 1Non-GAAP financial measures referenced in this release are used by management to assist investors and analysts in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. Reconciliations of non-GAAP operating measures to the most directly comparable GAAP financial measures are included in the non-GAAP reconciliation in this release. Non-GAAP measures should not be used as a substitute for the closest comparable GAAP measures. First Quarter 2026 Financial Results Revenue increased 74.9%, to $140.6 million, compared to $80.4 million for the prior-year period, driven by strong underlying demand of products, the impact of market share capture initiatives, and an increase in volume of projects in the current year. Gross profit was $41.0 million, compared to $28.1 million in the prior-year period....

Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of $0.14 per share when it actually produced earnings of $0.1, delivering a surprise of -28.57%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Shoals Technologies, which belongs to the Zacks Solar industry, posted revenues of $140.56 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 7.95%. This compares to year-ago revenues of $80.63 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Shoals Technologies shares have lost about 2.7% since the beginning of the year versus the S&P 500's gain of 5.2%. While Shoals Technologies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Shoals Technologies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the...