---
schema_version: "secwatch.filing_event.v1"
accession: "0001831651-24-000097"
form_type: "8-K"
ticker: "SHLS"
cik: "0001831651"
company_name: "Shoals Technologies Group, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:35:38.146561+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Shoals Q2 revenue $99.2M (-17% YoY), net income $11.8M, cuts FY2024 guidance

## Summary
- Revenue $99.2M (-17% YoY vs $119.2M); net income $11.8M vs $18.9M; diluted EPS $0.07 vs $0.11.
- Adjusted EBITDA $27.7M vs $48.2M; gross margin 40.3% vs 42.4%.
- Backlog and awarded orders $642.3M, a record +18% YoY.
- Q3 2024 outlook: revenue $95-105M, Adjusted EBITDA $25-30M.
- Full year 2024 guidance lowered: revenue $370-400M, Adj EBITDA $96-110M, Adj net income $62-76M.

## SEC filing metadata
- accession: 0001831651-24-000097
- form_type: 8-K
- ticker: SHLS
- cik: 0001831651
- company_name: Shoals Technologies Group, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000097/0001831651-24-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831651/000183165124000097/shls-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831651-24-000097
- JSON: https://secwatch.observer/filing/0001831651-24-000097.json
- Plain text: https://secwatch.observer/filing/0001831651-24-000097.txt

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