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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: strong top‑line growth, record backlog, rapid expansion into BESS, international and OEM channels, and clear revenue guidance for 2026 are material positives. Offsetting these are compressed margins, significant and ongoing legal expenses, tariff headwinds, short‑term cash and free‑cash‑flow pressure, and transitional inefficiencies from the factory consolidation. Management framed margin compression as partly transitory and emphasized strategy to prioritize profitable growth and cash generation while scaling new markets.Company Guidance
Quarterly Revenue Growth
Company reported fourth-quarter revenue of approximately $140.3M (CEO also referenced ~ $148M), up 38.6% year‑over‑year; management emphasized a return to growth with full‑year 2025 revenue up ~19% versus 2024.
Record Backlog and Bookings
Backlog and awarded orders (BLAO) reached a company record of ~$747.6M (CEO referenced ~$748M), an 18% year‑over‑year increase; book‑to‑bill for the quarter was 1.2 and the company added ~ $175M of new orders in the period.
Near‑term Revenue Visibility for 2026
~$603M of BLAO has shipment dates in the upcoming four quarters (full year 2026), providing strong revenue visibility into the year.
BESS and New Market Momentum
BESS backlog and awarded orders grew to $67M (4x from prior quarter). Management expects more than half of this to convert to revenue in 2026 and reported the first new BESS production line will be operational within weeks.
International and Channel Expansion
International revenue increased from under $1M in 2024 to ~$13M in 2025, and international BLAO stands at a record ~$90M. CC&I and OEM channels contributed meaningful growth, with OEM up 47% for the full year.
Improved Adjusted Profit Dollars
Fourth-quarter adjusted EBITDA was approximately $30.3M, a 15% increase year‑over‑year, and adjusted diluted EPS was $0.10, up 22% versus prior‑year period.
Strong 2026 Financial Guidance
Q1 2026 guidance: revenue $125M–$135M (midpoint ~62% YoY growth) and adjusted EBITDA $16M–$21M (midpoint ~44% YoY growth). Full‑year 2026 guidance: revenue $560M–$600M (midpoint ~22% YoY growth) and adjusted EBITDA $110M–$130M (midpoint ~21% YoY growth).
Operational Investments and Remediation Completed
Completed remediation for defective Prysmian wire (funded from cash flow), progressed move into a consolidated state‑of‑the‑art manufacturing facility to increase capacity and scalability, and announced partnership with ON Energy targeting AI data center backup power solutions.
SHLS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SHLS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $9.90 | $6.83 | -30.96% |
Nov 04, 2025 | $10.34 | $9.24 | -10.64% |
Aug 05, 2025 | $5.38 | $4.67 | -13.20% |
May 06, 2025 | $3.76 | $4.41 | +17.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Shoals Technologies Group (SHLS) report earnings?
Shoals Technologies Group (SHLS) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Shoals Technologies Group (SHLS) earnings time?
Shoals Technologies Group (SHLS) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SHLS EPS forecast?
SHLS EPS forecast for the fiscal quarter 2026 (Q1) is 0.06.
