About Shoals
Shoals is a publicly listed company based in Portland (United States) founded in 1996. Balance of system solutions for solar PV are manufactured globally. The company has 1,290 employees. Shoals offers products and services including Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners. Its focus areas include Energy, Solar Energy, Hardware Developer and Balance of Systems.
Company details
The company was founded in 1996 and is headquartered in Portland, United States. Operations focus on the renewable energy sector, particularly photovoltaic balance of systems. Products such as combiner boxes, disconnects, harnesses, junction boxes, in-line fuses, and monitoring solutions are produced. More than 15 GW of systems have been deployed worldwide, with over 68 percent market share held in North America.
- Annual Revenue$475.33 M (USD)19.07as on Dec 31, 2025
- Net Profit$33.57 M (USD)39.16as on Dec 31, 2025
- EBITDA$70.2 M (USD)10.04as on Dec 31, 2025
- Investors
- Employee Count1,290
Products & Services of Shoals
Shoals offers a comprehensive portfolio of products and services, including Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners.
Assemblies that streamline solar energy installations and reduce labor.
Tools for tracking solar system performance wirelessly and efficiently.
Systems that store energy for solar applications to enhance reliability.
Devices that manage power connections in solar projects safely.
Apps and channels of Shoals
its YouTube channel Shoals Technologies Group has 392 subscribers and 17 videos.
Videos from Shoals
The most watched videos on Shoals's YouTube channel, Shoals Technologies Group (392 subscribers). Click a video to play it here.
More on Shoals Technologies Group.
Funding Insights of Shoals
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Shoals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Shoals
Shoals has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Oaktree Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors | 1995 | oaktreecapital.com | Los Angeles, United States |
Investor details for Shoals
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
People of Shoals
27 people are tracked at Shoals (13 in leadership, 7 in board & advisors, 7 in team); the tracked headcount is 1,290.
| Name | Role | Group |
|---|---|---|
Brandon Moss | CEO | Leadership |
Bobbie L. King Jr. | Chief Legal Officer & Secretary | Leadership |
Jeff Tolnar | President & Interim CEO | Leadership |
Matthew Tractenberg | Vice President, Finance & Investor Relations | Leadership |
Veronica Vyas | Head Of Benefits | Leadership |
Erin Webb | Director Of Financial Planning And Analysis | Leadership |
Jeremy Thilman | Human Resources Director | Leadership |
Josh McCullough | Global Head Of Talent Acquisition | Leadership |
James Hart | Chief People Officer | Leadership |
Michelle Harper | Human Resources Director | Leadership |
Justin Boulton | Director, Financial Planning And Analysis | Leadership |
Andrew Ross | Director Of Sustainability & Senior Counsel | Leadership |
Timothy Treadway | CFO | Leadership |
Toni Volpe | Director | Board & advisors |
Lori Sundberg | Director | Board & advisors |
Ty Daul | Director | Board & advisors |
Brad Forth | Director | Board & advisors |
Peter M. Wilver | Director | Board & advisors |
Jeannette Mills | Director | Board & advisors |
Robert Julian | Director | Board & advisors |
7 more people are available in the full profile.
Complete people profiles for Shoals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Shoals
Shoals is a publicly listed company on the NASDAQ with ticker symbol SHLS in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Jan 2021
- Listed onNASDAQ: SHLS
- Listed entityShoals Technologies Group, Inc.
- Exchange sectorElectronic technology
- ISINUS82489W1071
- Share price$8.65 (+0.12% on the day) · 2026-10-13
- Market capitalisation$1.46B
- Price to earnings46.0
- EPS (diluted, trailing year)$0.19
- Volume (last session)3,651,598
Financials of Shoals
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $475.3M | $33.6M | $70.2M |
| 2024 | $399.2M | $24.1M | $63.8M |
| 2023 | $488.9M | $40.0M | $89.6M |
| 2022 | $326.9M | $127.6M | $76.9M |
| 2021 | $213.2M | $2.4M | $48.6M |
Detailed financial statements for Shoals
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Shoals
3 dated milestones of Shoals across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Shoals is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
Web traffic of Shoals
The website of Shoals (shoals.com) receives about 8.3K visits a month.
- Monthly visits8.3K
▼ 61.3% vs previous month
Websites whose visitors overlap most with Shoals. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| powerhome.com | 100% | 9K | #2,644,053 | View details | |
nidec-conversion.com | nidec-conversion.com | 89% | #1,278,023 | – | |
| ampt.com | 88% | 4K | #4,593,263 | View details | |
| solarpowerworldonline.com | 78% | #499,482 | View details | ||
| greentechrenewables.com | 78% | 680.7K | #550,996 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Shoals
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Shoals (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Shoals
Complete news archive for Shoals
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Frequently Asked Questions about Shoals
Shoals was founded in 1996 and raised its 1st funding round 21 years after it was founded.
Shoals is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Shoals has 1,290 employees.
Annual revenue of Shoals is $475.33M as on Dec 31, 2025.
The company was founded in 1996 and is headquartered in Portland, United States. Operations focus on the renewable energy sector, particularly photovoltaic balance of systems. Products such as combiner boxes, disconnects, harnesses, junction boxes, in-line fuses, and monitoring solutions are produced. More than 15 GW of systems have been deployed worldwide, with over 68 percent market share held in North America.
Shoals offers Solar Big Lead Assembly Solutions, Wireless Performance Monitoring, Battery Energy Storage Solutions, and Combiners and Recombiners.
Yes, Shoals is publicly traded on NASDAQ under the ticker symbol SHLS.
Shoals has 1 investor. Key investors include Oaktree Capital Management.