Shoals Technologies Group Q4 Earnings Call Highlights

Selling, general, and administrative expenses rose to $27.3 million, up $5.8 million from the prior-year period, driven by increased legal expenses and partly offset by lower stock-based compensation. Management said legal spending was elevated in 2025, with $30 million of legal professional services for the year, double the prior year. Bardos noted that $18.3 million of 2025 legal expense tied to the Prysmian defective wire case was adjusted out of adjusted EBITDA, and that in 2026 the company will also ad ...