Shoals Technologies’ Q1 2025 Revenue Drops11.5%, But Beats Estimates
The company’s EBITDA saw a $7.7 million decline in Q1 2025
May 9, 2025
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Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility, reported its first quarter (Q1) 2025 earnings, revealing a revenue of $80.4 million, surpassing the forecasted $74.76 million. This represents an 11.5% year-over-year (YoY) decrease from $90.8 million.