Shoals Technologies Group, Inc. Overview
Pro stress-test →Shoals Technologies Group provides electrical balance of system (EBOS) solutions and components for the solar and battery storage industries, designing, manufacturing, and selling products including solar big lead assembly solutions, homeruns, interconnection solutions, combiners, load break disconnects, and battery energy storage solutions. The company is a critical infrastructure player supporting the North American renewable energy transition.
Strategic Profile
Pro stress-test →Shoals achieved record backlog and awarded orders of $720.9 million as of September 30, 2025, with third quarter 2025 net income of $11.9 million. The company projects full-year 2025 revenue between $467.0 million and $477.0 million, demonstrating strong market position in utility-scale solar and strategic expansion initiatives.
Competitive Landscape
Pro stress-test →Shoals competes in the EBOS market against specialized manufacturers and component suppliers. Direct competitors include Amtrol, Wells VE, and Xantrex Technology, while facing broader competition from vertically integrated solar companies and balance-of-system providers. Shoals' competitive advantage lies in its integrated product portfolio, manufacturing scale, and established relationships with major EPC firms and solar developers.
Industry Context
Shoals Technologies Group, Inc. operates in Electrical balance of system (EBOS) infrastructure.
Key facts
Founded: 1996 · Headquarters: Portland, Tennessee · Employees: N/A · Revenue: $467-477M (FY 2025 guidance) · Market cap: N/A