---
schema_version: "secwatch.filing_event.v1"
accession: "0001831651-22-000073"
form_type: "8-K"
ticker: "SHLS"
cik: "0001831651"
company_name: "Shoals Technologies Group, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:10:20.968214+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shoals Q3 revenue $90.8M (+52% YoY), raises low end of 2022 guidance

## Summary
- Revenue $90.8M (+52% YoY); System Solutions revenue up 80% to $69.5M.
- Gross margin 39.7% (up 330 bps YoY); net income $12.8M ($0.07 EPS).
- Adjusted net income $16.6M ($0.10 adjusted EPS); adjusted EBITDA $26.6M (+57% YoY).
- Backlog and awarded orders $471.2M, up 74% YoY and 44% sequentially.
- Raised low end of FY2022 outlook: revenue $310-325M, adjusted EBITDA $80-86M.

## SEC filing metadata
- accession: 0001831651-22-000073
- form_type: 8-K
- ticker: SHLS
- cik: 0001831651
- company_name: Shoals Technologies Group, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831651/000183165122000073/0001831651-22-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831651/000183165122000073/shls-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831651-22-000073
- JSON: https://secwatch.observer/filing/0001831651-22-000073.json
- Plain text: https://secwatch.observer/filing/0001831651-22-000073.txt

## Key facts
- Earnings Releases
  Shoals Technologies Group, Inc. reported the three months ended September 30, 2022 results: revenue $90.8 million, net income $12.8 million, EPS $0.07. Guidance raised.
  - Period: the three months ended September 30, 2022
  - Revenue: $90.8 million
  - Net income: $12.8 million
  - EPS: $0.07
  - Guidance: raised
  - Result: reported results
  source text: Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2022 – Reports Record Quarterly Revenue, Gross Profit, Adjusted EBITDA and Adjusted Net Income – – Revenue Grew 52% Year-Over-Year to $90.8 million in the Third Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831651/000183165122000073/0001831651-22-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.