Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Revenue of Shoals Technologies Group, Inc. (SHLS)
Revenue in 2023 (TTM): $488.94 M
According to Shoals Technologies Group, Inc.'s latest financial reports the company's current revenue (TTM) is $488.94 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Shoals Technologies Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $488.94 M | $168.3 M | $89.56 M | $54.94 M | $39.97 M |
| 2022 | $326.94 M | $131.31 M | $181.05 M | $152 M | $127.61 M |
| 2021 | $213.21 M | $82.65 M | $48.63 M | $4.03 M | $3.94 M |
| 2020 | $175.52 M | $66.55 M | $46.68 M | $33.77 M | $33.77 M |
| 2019 | $144.5 M | $44.21 M | $36.09 M | $25.14 M | $25.14 M |
| 2018 | $103.75 M | $28.17 M | $20.08 M | $8.65 M | $8.65 M |