Shoals Technologies Group, a US-based provider of electrical balance-of-system solutions, has reported financial results for the fourth quarter ended December 31, 2025. Quarterly revenue reached $148.3 million, representing a 39% increase compared with the prior-year period, supported by higher shipment volumes tied to ongoing solar project deployments. Operating profit stood at $17.4 million, net income totaled $8.1 million, and adjusted EBITDA was reported at $30.3 million, while gross profit reached $46.9 million and general and administrative expenses were $27.3 million. Backlog and awarded orders (BLAO) totaled $747.6 million, with BLAO attributed to BESS offerings exceeding $67 million. For the first quarter of 2026, Shoals forecasts revenue in the range of $125 million to $135 million, and for full-year 2026, it projects revenue between $560 million and $600 million, following a corrected press release issued recently.