Shoals Technologies Group, a supplier of electrical balance of system (EBOS) solutions, reported revenue of $148.3 million in the fourth quarter (Q4) of 2025, an increase of 39% year-over-year (YoY) from $107 million, on the back of higher product sales to utility-scale solar projects. Profit rose 3.8% to $8.1 million from $7.8 million in the same quarter last year. The gross profit margin increased by 31.6% compared to Q4 2024.
