Shoals Technologies Group reported second quarter 2026 financial results with revenue increasing 47.4% to $163.4 million, compared to $110.8 million in the prior-year period. The company recorded income from operations of $18.7 million and net income of $12.1 million, resulting in diluted earnings per share of $0.07. Adjusted EBITDA rose 28.1% to $31.6 million. Backlog and awarded orders reached a record $801.4 million, up 19.4% year-over-year. Management provided third quarter revenue guidance between $150 million and $170 million and reaffirmed full-year 2026 revenue expectations of $600 million to $640 million. Shoals Technologies Group manufactures advanced electrical infrastructure solutions for utility-scale solar, battery storage, and data center power systems.

Shoals Technologies Group, Inc. entered into Amendment No. 7 to its Credit Agreement on June 10, 2026, which provides for a new tranche of $50,000,000 in incremental revolving loans for an 18-month period. The amendment also replaces the first lien secured leverage ratio covenant with a maximum consolidated total leverage ratio of 4.00:1.00. Shoals Technologies Group, Inc. provides electrical solutions for solar energy systems.

Shoals Technologies Group, Inc. entered into Amendment No. 7 to its Credit Agreement on June 10, 2026, providing for a new tranche of $50,000,000 in incremental revolving loans for an 18-month period. The amendment also replaces the first lien secured leverage ratio covenant with a maximum consolidated total leverage ratio of 4.00:1.00. Shoals Technologies Group, Inc. provides electrical solutions for solar energy projects.