Short answer
Shoals Technologies Group, Inc. (SHLS) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results covered the three months ended March 31, 2026.
Shoals Technologies Group, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results covered the three months ended March 31, 2026
- Press release furnished as Exhibit 99.1 contains the financial results and management commentary
- Conference call scheduled for May 5, 2026, providing potential investor insight into outlook and performance drivers
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $140.6M, up 74.9% YoY; Adjusted EBITDA $21.1M versus $13.5M
- Gross margin fell to 29.2% from 35.0%, pressured by $3.8M higher tariffs and $1.4M facility amortization
- Net loss $0.3M despite $7.7M operating income, reflecting $5.3M litigation settlement expense net of recoveries
- Backlog and awarded orders reached record $758.0M, up 17.5% YoY and 1.4% sequentially
- Full-year outlook raised to $600M–$640M revenue and $118M–$132M Adjusted EBITDA; operating cash flow expected $65M–$85M
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