Array Technologies, Inc.

Array Technologies, Inc.

ARRY
Array Technologies, Inc.US flagNASDAQ Global Market
3.82
USD
-0.21
- -
587.00MMarket Cap
Array Technologies, Inc.
ARRY
(NASDAQ Global Market)

Recent

price

3.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.29
5.4
7.18
6.56
10.93
10.44
6.03
8.42
7.74
Revenue per Share
-0.48
0.33
0.49
-0.51
-0.29
0.57
-1.95
-0.73
-0.97
Basic EPS, GAAP
-0.14
3.2
-1.02
-2.05
0.87
1.42
0.89
0.52
0.88
Free Cash Flow per Basic Share
- -
- -
- -
0.06
0.12
- -
- -
- -
- -
Dividend per Share
2.08
2.4
-0.64
-0.51
0.83
1.71
-0.78
-1.35
-1.31
Book Value per Share
-0.43
0.09
-2.75
-2.32
-4.51
-3.51
-3.03
-3.8
-3.57
Tangible Book Value per Share
127
120
121
130
150
151
152
153
153
Basic Weighted Avg Shares
291
648
873
853
1,638
1,577
916
1,284
1,185
Sales/Revenue/Turnover
-21.33
12.97
13.94
-2.58
-1.38
13.77
11.03
5.74
3.53
Operating Margin (%)
28
27
27
26
101
55
53
47
59
Depreciation Expense
-61
40
59
-50
4
137
-240
-52
-86
Net Income, GAAP
- -
38.46
24.05
- -
- -
22.53
- -
- -
97.72
Effective Tax Rate (%)
-20.9
6.13
6.77
-5.91
0.27
8.71
-26.25
-4.07
-7.25
Profit Margin (%)
39
29
86
607
366
497
561
492
486
Working Capital
96
- -
424
711
720
661
662
748
745
LT Debt
264
305
-81
168
424
611
289
260
296
Total Equity
- -
12.55
24.3
- -
- -
13.2
- -
- -
- -
Return on Invested Capital (%)
- -
12.48
18.81
- -
- -
13.53
- -
- -
-0.42
Return on Capital (%)
- -
13.95
- -
- -
- -
44.61
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
18
17
7
LT Borrowings
659
657
658
LT Finance Leases
90
89
88
Preferred Equity and Hybrid Capital
467
482
498
Shares Outstanding
153
154
154
Market Capitalization
1,409
1,111
1,141

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
869
879
892
Cash, Cash Equivalents & STI
244
201
307
Accounts Receivable, Net
272
292
323
Inventories
150
168
156
Total Current Liabilities
377
390
406
Payables & Accruals
214
211
266
ST Debt
18
17
7
Deferred Revenue
128
139
105

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-34.91%
-9.85%
Free Cash Flow
- -
-9.43%
-41.05%
Net Income, GAAP
- -
469.81%
-78.27%
Sales/Revenue/Turnover
- -
16.85%
40.22%
Total Cash Common Dividend
- -
- -
7.41%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
153
256
231
275
916
2025
302
362
393
226
1,284
2026
223
342
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
0.08
-1.02
-0.93
-1.95
2025
0.02
0.19
0.12
-1.06
-0.73
2026
-0.09
0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Array Technologies, Inc. (NASDAQ: ARRY) manufactures and sells utility-scale solar tracking systems and related software solutions for solar photovoltaic projects worldwide. The company offers a comprehensive portfolio of products including the DuraTrack HZ v3 and DuraTrack multi-row single-axis trackers, designed for high reliability, rapid installation, and performance in extreme weather; the STI H250 dual-row tracker system, optimized for irregular terrain and bifacial modules with one motor driving up to 120 modules; the OmniTrack tracker, providing enhanced north-south terrain flexibility and reduced site grading; the SkyLink photovoltaic-powered control tracker system with passive wind mitigation and wireless communication; the DuraTrack Hail XP, featuring steep hail protection angles against storms exceeding three inches in diameter; SmarTrack software platform with machine learning for energy optimization, weather risk management, and NERC-CIP cybersecurity compliance; APA foundations including ground screws, helicals, c-piles, and ballast systems for diverse soil conditions; and field services encompassing project management, design, installation training, and technician support. Array Technologies operates in key markets across the United States, Spain, Brazil, Australia, Europe, Latin America, the Middle East, and other international regions, serving utility-scale developers, EPC firms, and asset owners focused on optimizing levelized cost of energy through efficient ground-mounting systems. Founded in 1987 and headquartered in Albuquerque, New Mexico, the company conducts business through Array Legacy Operations and STI Operations segments. In a significant strategic expansion during 2025, Array Technologies entered a definitive agreement to acquire APA Solar, LLC for approximately $179 million, integrating engineered foundation and fixed-tilt racking solutions to offer comprehensive tracker-plus-foundation platforms while enhancing domestic content compliance. This acquisition, anticipated to close in the third quarter of 2025, advances the company's balance-of-systems strategy and positions it to deliver expanded value in utility-scale solar projects.

Company News

  • Here's Why Array Technologies, Inc. (ARRY) is a Strong Value Stock

  • Why Array Technologies, Inc. (ARRY) Dipped More Than Broader Market Today

  • Array Technologies, Inc. (ARRY) Advances While Market Declines: Some Information for Investors

  • ARRAY Opens New Albuquerque Manufacturing Facility with Ribbon Cutting Ceremony

  • Array Technologies: The Pieces Are Coming Together In This Turnaround Play

  • Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure

  • Here's Why Array Technologies, Inc. (ARRY) is a Strong Value Stock

  • ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy

  • ARRAY Technologies to Participate in Upcoming Investor Conferences

  • Array Technologies, Inc. (ARRY) Discusses Balance of System Strategy, APA Overview, Innovation Roadmap and Growth Opportunities Transcript

  • ARRAY Technologies to Detail Balance-of-System Strategy and APA Long-Term Growth Opportunities at the APA Investor Technology Showcase Today

  • Array Technologies: Q2 2026 Review, Bullish For 2027

  • Array Digital Infrastructure Q2 Earnings Call Highlights

  • Why Array Technologies, Inc. (ARRY) is a Top Value Stock for the Long-Term

  • Array Digital Infrastructure (AD) Q2 Earnings and Revenues Beat Estimates

  • Array reports second quarter 2026 results

  • Array Technologies, Inc. (ARRY) Q2 2026 Earnings Call Transcript

  • Array Technologies, Inc. (ARRY) Q2 Earnings and Revenues Surpass Estimates

  • ARRAY Technologies Reports Financial Results for the Second Quarter 2026

  • Solar Stocks Tumble After SolarEdge Posts Weak Q3 Outlook