Shoals Q1 revenue $80.4M beats guided range; net loss $(0.3)M; backlog up 5% to $645M; CAO resigns

Shoals Technologies Group, Inc.

Revenue $80.4M, gross margin 35.0%, net loss $(0.3)M, Adjusted EBITDA $12.8M.
Backlog and awarded orders $645.1M, up 5% YoY; ~$500M scheduled for next four quarters.
Chief Accounting Officer Inez Lund resigns effective May 16, 2025; no disagreement. CFO Dominic Bardos assumes principal accounting officer role.
Company provides Q2 and full year 2025 outlook; CEO notes strong start and commercial momentum.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Dominic Bardos

principal accounting officer

SHLS · Shoals Technologies Group, Inc.

Effective: 2025-05-16
Filed: May 6, 2025, 7:59 PM ET

Upon Ms. Lund’s departure, Dominic Bardos, the Company’s Chief Financial Officer, will assume the role of the Company’s principal accounting officer.

Departed

Inez Lund

Chief Accounting Officer

SHLS · Shoals Technologies Group, Inc.

Effective: 2025-05-16
Successor: Dominic Bardos
Filed: May 6, 2025, 7:59 PM ET

On May 2, 2025 , Inez Lund notified the Company of her decision to resign from her role as the Company’s Chief Accounting Officer and principal accounting officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dominic Bardos was appointed as principal accounting officer at Shoals Technologies Group, Inc..

Action: appointed
Role: principal accounting officer

Exact text from the filing

Upon Ms. Lund’s departure, Dominic Bardos, the Company’s Chief Financial Officer, will assume the role of the Company’s principal accounting officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Inez Lund resigned as Chief Accounting Officer at Shoals Technologies Group, Inc..

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

On May 2, 2025 , Inez Lund notified the Company of her decision to resign from her role as the Company’s Chief Accounting Officer and principal accounting officer.

View on SEC.gov

Shoals Technologies Group, Inc. filing history →

Source: SEC EDGAR

accession 0001831651-25-000058

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