Shoals Technologies Q3 Adjusted Earnings, Revenue Rise; Raises 2026 Revenue Guidance

09:08 AM EST, 11/04/2026 (MT Newswires) -- Shoals Technologies (SHLS) reported Q3 adjusted earnings Wednesday of $0.14 per diluted share, up from $0.13 a year earlier. Analysts polled by FactSet expected $0.12. Revenue for the quarter ended Sept. 30 was $195.3 million, up from $135.8 million a year earlier. Analysts expected revenue of $161.8 million. The company said it expects Q4 revenue of $165 million to $185 million. Analysts expect revenue of $162.4 million. Shoals Technologies now expects 2026 revenue of $665 million to $685 million. That compares with $600 million to $640 million previously. Analysts expect revenue of $628.1 million. Shares of the company were up 5% in recent Wednesday premarket activity.