# Shoals Technologies (SHLS) — Earnings

SHLS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/shls/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.12 |
| EPS estimate | $0.10 |
| EPS surprise | +21.95% |
| Revenue surprise | +2.09% |
| Revenue | $163.4M |
| Revenue estimate | $160.0M |
| Reported | Aug 4, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1831651/000183165126000108/shls-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/25f97c41-1bec-daf4-0205-add43ea07697.html) |

Shoals Technologies reported Q2 2026 results on August 4, 2026. EPS was $0.12 against a $0.10 estimate, a beat of 21.95%. Revenue was $163.4 million, 2.09% above the $160.0 million consensus. Compared with Q2 2025, EPS rose 20% from $0.10 and revenue rose about 47.5% from $110.8 million.

Q2 2026 revenue was the highest in the table, and Shoals was profitable in all 20 quarters shown. Annual EPS rose from $0.37 in 2022 to $0.60 in 2023, then fell to $0.33 in 2024 and edged up to $0.35 in 2025. Revenue followed a similar path: $327.0 million in 2022, $488.9 million in 2023, down about 18% to $399.2 million in 2024 and up about 19% to $475.3 million in 2025. The first half of 2026 brought $304.0 million of revenue, 59% more than a year earlier, and EPS of $0.19 against $0.13. The highest EPS in the table remains Q3 2023 at $0.20. Over the last 20 quarters, Shoals beat the EPS estimate 12 times and missed eight.

Q3 results were reported between November 4 and November 14 in each of the past five years. That points to early or mid-November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 4, 2026 | $0.10 | $0.12 | 21.95% | $160.0M | $163.4M |
| Q1 2026 | May 5, 2026 | $0.06 | $0.07 | 12.90% | $129.2M | $140.6M |
| Q4 2025 | Feb 24, 2026 | $0.13 | $0.10 | -23.90% | $145.1M | $148.3M |
| Q3 2025 | Nov 4, 2025 | $0.12 | $0.12 | -3.15% | $132.3M | $135.8M |
| Q2 2025 | Aug 5, 2025 | $0.08 | $0.10 | 23.00% | $104.7M | $110.8M |
| Q1 2025 | May 6, 2025 | $0.04 | $0.03 | -14.77% | $74.8M | $80.4M |
| Q4 2024 | Feb 25, 2025 | $0.09 | $0.08 | -14.71% | $102.7M | $107.0M |
| Q3 2024 | Nov 12, 2024 | $0.10 | $0.08 | -16.49% | $98.9M | $102.2M |
| Q2 2024 | Aug 6, 2024 | $0.08 | $0.10 | 23.15% | $90.8M | $99.2M |
| Q1 2024 | May 7, 2024 | $0.06 | $0.07 | 20.69% | $94.3M | $90.8M |
| Q4 2023 | Feb 28, 2024 | $0.17 | $0.12 | -30.27% | $132.0M | $130.4M |
| Q3 2023 | Nov 7, 2023 | $0.16 | $0.20 | 23.23% | $135.2M | $134.2M |
| Q2 2023 | Aug 1, 2023 | $0.13 | $0.14 | 5.11% | $115.3M | $119.2M |
| Q1 2023 | May 8, 2023 | $0.09 | $0.14 | 48.78% | $96.6M | $105.1M |
| Q4 2022 | Feb 28, 2023 | $0.09 | $0.15 | 75.03% | $86.0M | $94.7M |
| Q3 2022 | Nov 14, 2022 | $0.08 | $0.10 | 28.21% | $83.0M | $90.8M |
| Q2 2022 | Aug 16, 2022 | $0.06 | $0.07 | 12.36% | $72.9M | $73.5M |
| Q1 2022 | May 17, 2022 | $0.07 | $0.05 | -23.31% | $70.0M | $68.0M |
| Q4 2021 | Mar 11, 2022 | $0.03 | $0.01 | -70.06% | $46.3M | $48.0M |
| Q3 2021 | Nov 10, 2021 | $0.07 | $0.07 | 4.79% | $61.6M | $59.8M |

## Frequently Asked Questions

### When did Shoals Technologies (SHLS) last report earnings?

Shoals Technologies last reported on Aug 4, 2026, covering fiscal Q2 2026.

### Did SHLS beat earnings estimates?

Yes. Shoals Technologies reported EPS of $0.12 for Q2 2026 against a $0.10 estimate — a 21.95% beat.

### How much revenue did SHLS report last quarter?

Shoals Technologies reported $163.4M in revenue for Q2 2026, against a consensus estimate of $160.0M.

## Similar Stocks

- [ARRY](https://www.lighthorse.io/tickers/arry) — Array Technologies, Inc. - Common Stock

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).