Shoals (SHLS) Q2 Revenue Jumps 12%
Shoals Technologies Group (NASDAQ:SHLS), a leading provider of electrical balance of system (EBOS) solutions for solar and energy storage projects, posted its second quarter 2025 results on August 5, 2025. The standout news: Revenue (GAAP) grew 11.7%, reaching $110.8 million—well ahead of the $104.7 million consensus estimate. Adjusted earnings per share landed at $0.10, topping the expected $0.08. However, gross margin (GAAP) fell to 37.2%, a decline from the prior year. Management described the quarter as one of strong demand and record backlog, though pressure on margins and increased legal expenses tempered profitability. The company upgraded full-year revenue guidance to $450.0–$470.0 million in light of solid demand, after factoring in higher-than-expected costs.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Shoals Technologies Group designs and manufactures EBOS solutions for solar and battery energy storage projects. EBOS refers to all the components and systems—like wiring assemblies and combiners—that connect the physical parts of a solar or storage installation, excluding the solar panels and batteries themselves. Its products are designed to make installation faster, cheaper, and safer for builders, targeting both utility-scale and expanding commercial and industrial projects.
Source Fool.com
