Short answer
Shoals Technologies Group, Inc. (SHLS) filed its Q2 2026 10-Q quarterly report on Aug 4, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $163M (up 47.4% year over year) with net income of $12M.
Q2 2026 key financials · XBRL
- Revenue
- $163M
- +47.4% YoY · +16.2% QoQ
- Net income
- $12M
- −12.4% YoY · +4186.9% QoQ
- Operating margin
- 11.5%
- Gross margin
- 30.3%
- EPS (diluted)
- $0.07
- −12.5% YoY
Source: XBRL data from the Shoals Technologies Group, Inc. (SHLS) Q2 2026 10-Q on SEC EDGAR. USD.
Shoals Technologies Group, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $163.4M, up 47.4% YoY from $110.8M, driven by demand, market-share initiatives, and project volume
- Gross margin 30.3% vs 37.2% YoY; manufacturing ramp-up, quality rework, mix, and material inefficiencies
- Gross profit $49.5M, up 20.2% YoY; operating income $18.7M, up 17.0%
- Backlog and awarded orders $801.4M, up 19.4% YoY; next-twelve-month deliveries $699.6M
- Tariffs, sourcing costs, elevated interest rates, policy uncertainty, and geopolitical tensions as near-term headwinds
Risk Factors
- No material risk-factor changes disclosed from the 2025 Form 10-K
- Credit risk: Amendment No. 7 added 2026 incremental revolving lenders on June 10, 2026
- Securities-compliance risk: Officers adopted plans to sell 110,000 shares under Rule 10b5-1 arrangements
- Insider-selling risk: Jeffery Tolnar’s plan covers 100,000 shares through May 1, 2027
- Information risk: Additional unknown risks may materially adversely affect operations or financial condition
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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