Shoals Technologies Group, Inc. Q3 2025 Earnings Recap

SHLS Q3 2025 November 4, 2025

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Shoals Technologies Group reported record Q3 revenue of $135.8 million, reflecting a robust 32.9% year-over-year growth, driven by a strong backlog and a positive demand environment for solar energy.

Earnings Per Share Miss

$0.12 vs $0.13 est.

-4.2% surprise

Revenue Beat

135804000 vs 130824120 est.

+3.8% surprise

Market Reaction

1-Day -10.64%

5-Day -12.19%

30-Day -18.86%

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Key Takeaways

New orders totaled $185.4 million, resulting in a backlog of $720.9 million, a 21% year-over-year increase.
Adjusted EBITDA reached $32 million, or 23.5% of revenue, indicating effective cost management and strong operational performance.
The company slightly increased its full-year revenue growth forecast to 17%-20%, signaling sustained momentum into 2026.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit SHLS on AllInvestView.