Shoals Technologies Group, Inc. employees and revenue per employee

SHLS · Solar · $1.47B market cap

Shoals Technologies Group, Inc. had 1,480 employees at the end of fiscal Dec 2025, up 14.7% from a year earlier. Revenue for the year was $475M, up 19.1% from a year earlier, or $321K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

1,480

+14.7% YoY

Revenue

$475M

+19.1% YoY

Revenue / employee

$321K

Peer median $513K

Rank in industry

5 of 5

Solar

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2020
85197309'20'21'22'23'24'25Revenue 271Staff 294

Hover a year for the numbers.

SHLS employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 20251,480$475M$321K+14.7%+19.1%
Dec 20241,290$399M$309K-1.5%-18.4%
Dec 20231,309$489M$374K+56.8%+49.6%
Dec 2022835$327M$392K+19.8%+53.3%
Dec 2021697$213M$306K+38.3%+21.5%
Dec 2020504$176M$348K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
504'20697'21835'221,309'231,290'241,480'25
Revenue per employee, last six fiscal years
$348K'20$306K'21$392K'22$374K'23$309K'24$321K'25

Shoals Technologies Group, Inc. against similar companies

The closest industry peers by revenue, from Solar.

CompanyEmployeesRevenueRevenue / employeeShape
NXT
Nextpower Inc.
1,993$3.56B$1.79MHiring ahead
FSLR
First Solar, Inc.
7,900$5.22B$661KLeaner
ENPH
Enphase Energy, Inc.
2,872$1.47B$513KEfficient growth
RUN
Sunrun Inc.
9,059$2.96B$326KLeaner
SHLS
Shoals Technologies Group, Inc.
1,480$475M$321KEfficient growth
Every Energy company

Questions about Shoals Technologies Group, Inc.

How many employees does Shoals Technologies Group, Inc. have?
Shoals Technologies Group, Inc. reported 1,480 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 24, 2026. That is up 14.7% from a year earlier.
What is Shoals Technologies Group, Inc.'s revenue per employee?
Shoals Technologies Group, Inc. brought in $475M of revenue in fiscal Dec 2025, which is $321K per employee. That ranks 5 of 5 companies we track in Solar, where the median is $513K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare SHLS with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Shoals Technologies Group, Inc.'s annual reports (Form 10-K), latest filed February 24, 2026. This is data, not a recommendation to buy or sell SHLS.