What move does the options market price into Shoals Technologies's report?

Implied ±33.6%, either direction · provisional.

How often does Shoals Technologies move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

SHLSNasdaqSemiconductors & Related Devices

Shoals Technologies Group, Inc. (SHLS) earnings date, market-implied expected move, and options open interest by expiry

9.14

pre 9.05 −1.20%

Pre-market04:00 ETdelayed

Open9.05Volume9.3MMkt cap$1.4BP/E39.35EPS0.23

Day9.05 – 9.0550%52-wk5.43 – 13.1847%

SHLS

Shoals Technologies Group, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±33.6%implied · straddle

6.0812.24

spot 9.16exp Mar 19ATM strike 9ATM straddle 3.62IV 84%

Nov 4 closeprovisional

Expected move

Inputs

Next report

Feb 23

before open · in 110 days

est.Q4 FY26

Calendar

Next report

Last report

+8.15%

vs ±18.1% implied · ×0.45

shaded = implied · ▲▼ = realized

Nov 4 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+13.61%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

278 managers

Top fund weight

0.05%

SHLS weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Shoals Technologies (SHLS) is expected to report on Feb 23 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±17.0%
avg realized: ±9.2%

Nov 12 '24Nov 12 '24confirmed±14.5%▼−15.94%×1.10

Feb 25 '25Feb 25 '25confirmed±20.2%▼−4.80%×0.24

May 6 '25May 6 '25confirmed±15.2%▲+17.29%×1.14

Aug 5 '25Aug 5 '25confirmed±13.8%▼−13.20%×0.95

Nov 4 '25Nov 4 '25confirmed±18.6%▼−10.64%×0.57

Q1 FY26May 5 '26confirmed±15.5%▼−1.69%×0.11

Q2 FY26Aug 4 '26confirmed±20.1%▼−1.60%×0.08

Q3 FY26Nov 4 '26confirmed±18.1%▲+8.15%×0.45

quarterimplied−25%0+25%realized×

Q3 FY26±18.1%▲+8.15%×0.45

Q2 FY26±20.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 6 expiries · Nov 4 close

1.84OI · 6 expiries · Nov 4 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2 nearer expiries

7,2920%Nov 2015d0.6511,267+4%0.65

540%Dec 1843d0.29189+52%0.29

10,9450%Jan 1571d0.3729,5510%0.37

3970%Feb 19106d1.11357+10%1.11

report · Feb 23 · before open · est.

ExpiryPutsCallsP/C

2 nearer expiries

Nov 2015d7,2920%11,267+4%0.65

Dec 1843d540%189+52%0.29

Jan 1571d10,9450%29,551

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±33.6%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

9.15%as filednet margin · revenue +19.55% QoQ · +43.82% YoY

Revenue

$195M+19.55% QoQ

Gross profit

$62M+25.99% QoQ

31.95% margin

Operating income

$29M+54.72% QoQ

14.83% margin

Pre-tax income

$24M+55.45% QoQ

Net income

$18M+47.22% QoQ

9.15% margin

Cost of revenue

$133M+16.75% QoQ

Operating expenses

$34M+11.78% QoQ

SG&A $31M

Depreciation $2M

Other operating $1M

Other expense

$4M

Tax

$6M+85.17% QoQ

Revenue$195M+19.55%

Gross profit

$62M+25.99%

31.95% margin

Operating income

$29M+54.72%

14.83% margin

Pre-tax income

$24M+55.45%

Net income

$18M+47.22%

9.15% margin

Cost of revenue

$133M+16.75%

Operating expenses

$34M+11.78%

SG&A $31M

Depreciation $2M

Other operating $1M

Other expense

$4M

Tax$6M+85.17%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

No trades yet today.

Intraday

Event sensitivity

PPI ×1.42· ±5.2% vs ±3.7% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±5.2%5 of 10×1.42

NFPjobs report±4.6%5 of 10×1.26

PCEpersonal income & outlays±4.5%12 of 19×1.22

CPIconsumer prices±4.2%6 of 10×1.15

GDPgross domestic product±4.0%12 of 19×1.09

FOMCrate decision±3.8%12 of 24×1.04

CPROFcorporate profits±2.6%8 of 12×0.71

Bar = avg |move| to ±6% · tick = ±3.7% avg day · ×base = |move| ÷ ±3.7% · min 6 releases

Earnings history

EPS 0.11 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Nov 4 '26 · confirmed	0.11	—
Q2 FY26	Aug 4 '26 · confirmed	0.07	—
Q1 FY26	May 5 '26 · confirmed	0.00	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod