---
schema_version: "secwatch.filing_event.v1"
accession: "0001831651-24-000009"
form_type: "8-K"
ticker: "SHLS"
cik: "0001831651"
company_name: "Shoals Technologies Group, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:25:10.882463+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shoals Q4 revenue up 38% to $130.4M; guides FY2024 revenue $480-520M, softer H1 due to rates

## Summary
- Q4 revenue $130.4M (+38% YoY), gross margin 42.5%, net income $16.6M, adj. EBITDA $39.1M.
- Full year 2023 revenue $488.9M (+50% YoY), adj. EBITDA $173.4M (+86%).
- Backlog and awarded orders $631.3M, up 47% YoY; international orders >13% of total.
- Q1 2024 guidance: revenue $90-100M, adj. EBITDA $15-20M. FY2024: rev $480-520M, adj. EBITDA $150-170M.
- Cites sustained high interest rates delaying projects; filed suit against Prysmian for defective wire.

## SEC filing metadata
- accession: 0001831651-24-000009
- form_type: 8-K
- ticker: SHLS
- cik: 0001831651
- company_name: Shoals Technologies Group, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1831651/000183165124000009/0001831651-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000009/shls-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831651-24-000009
- JSON: https://secwatch.observer/filing/0001831651-24-000009.json
- Plain text: https://secwatch.observer/filing/0001831651-24-000009.txt

## Key facts
- Earnings Releases
  Shoals Technologies Group, Inc. reported financial results for the full year and three months ended December 31, 2023.
  - Period: the full year and three months ended December 31, 2023
  - Result: reported results
  source text: On February 28, 2024 , Shoals Technologies Group, Inc. (the “Company”) issued a press release announcing its financial results for the full year and three months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000009/0001831651-24-000009-index.htm

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