Shoals’ Revenue Jumps 33% in Q3 on Higher Project Volumes

The company reported a net profit of $11.9 million in the quarter

November 18, 2025

/ Energy Storage, Finance and M&A, Solar

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U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and emobility, reported a 32.8% year-over-year (YoY) increase in revenue to $135.8 million in the third quarter (Q3) of 2025 from $102.2 million.

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Melvin Mathew

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Shoals’ Revenue Jumps 33% in Q3 on Higher Project Volumes

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