Shoals Technologies delivered robust Q2 results, with revenue up 47.4% Y/Y and a record $801M backlog, but shares fell 6%. SHLS's BESS segment and strong EBOS foundation position the company for long-term growth, especially as AI drives energy demand. Margin pressures from tariffs and new facility ramp-up have weighed on profitability, but Q2 showed early signs of stabilization.