Array Technologies, Inc.

Array Technologies, Inc.

ARRY
Array Technologies, Inc.US flagNASDAQ Global Market
9.22
USD
+0.40
- -
1.42BMarket Cap
Array Technologies, Inc.
ARRY
(NASDAQ Global Market)

Recent

price

9.22

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
7.89
Revenue per Share
-0.48
0.33
0.49
-0.51
-0.29
0.57
-1.95
-0.73
-0.84
Basic EPS, GAAP
-0.14
3.2
-1.02
-2.05
0.87
1.42
0.89
0.52
0.38
Free Cash Flow per Basic Share
- -
- -
- -
0.06
0.12
- -
- -
- -
- -
Dividend per Share
- -
- -
-1.82
-2.09
-1.78
-0.86
-2.44
-2.77
-2.75
Book Value per Share
-0.43
0.1
-2.87
-2.41
-4.53
-3.52
-3.03
-3.8
-3.76
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
1,205
Sales/Revenue/Turnover
-21.33
12.97
13.94
-2.58
-1.38
13.77
11.03
5.74
4.24
Operating Margin (%)
28
27
27
26
101
55
53
47
53
Depreciation Expense
-61
40
59
-50
4
137
-240
-52
-67
Net Income, GAAP
- -
38.46
24.05
- -
- -
22.53
- -
- -
98.41
Effective Tax Rate (%)
-20.9
6.13
6.77
-5.91
0.27
8.71
-26.25
-4.07
-5.56
Profit Margin (%)
39
29
86
607
366
497
561
492
489
Working Capital
96
- -
424
711
720
661
662
748
746
LT Debt
264
305
-81
168
424
611
289
260
268
Total Equity
- -
12.55
24.3
- -
- -
13.2
- -
- -
- -
Return on Invested Capital (%)
- -
40.6
46.32
- -
- -
19.56
- -
- -
-10.12
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
23
18
17
LT Borrowings
658
659
657
LT Finance Leases
- -
90
89
Preferred Equity and Hybrid Capital
451
467
482
Shares Outstanding
153
153
154
Market Capitalization
1,242
1,406
1,104

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
867
869
879
Cash, Cash Equivalents & STI
222
244
201
Accounts Receivable, Net
379
272
292
Inventories
181
150
168
Total Current Liabilities
458
377
390
Payables & Accruals
311
214
211
ST Debt
23
18
17
Deferred Revenue
95
128
139

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
- -
- -
- -
- -

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
- -
- -
- -
- -

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

APIChat
  • Array completes sale of select spectrum assets to Verizon for $1.0 billion

  • ARRAY Technologies Announces OmniTrack® Update with Greater Terrain-Following Capability

  • Array Digital Infrastructure, Inc. (AD) Shareholder/Analyst Call Prepared Remarks Transcript

  • Array Technologies, Inc. (ARRY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

  • Expect Array Technologies To Swing To Profitability Again Amidst Industry Tailwinds

  • Conagra Brands Brings Exciting Array of Snacks, Sweet Treats to 2026 Sweets & Snacks Expo

  • ARRAY DIGITAL STOCK ALERT: Kaskela Law Firm Announces Stockholder Investigation of Array Digital Infrastructure, Inc. (AD) and Encourages Investors with Losses to Contact the Firm - PLTK

  • AD Long-Term Investors Have the Opportunity to Join Investigation of Array Digital Infrastructure, Inc. with the Schall Law Firm

  • AV Awarded $43M DoW Contract to Integrate PANTHER Phased Array Antenna on SkyRange Platforms for Hypersonic Telemetry

  • STOCKHOLDER NOTIFICATION: Kaskela Law is Investigating Array Digital Infrastructure, Inc. (AD) and Encourages Long-Term Investors to Contact the Firm

  • ARRAY Technologies to Participate in Upcoming Investor Conferences

  • Array Technologies, Inc. (ARRY) Q1 2026 Earnings Call Transcript

  • Array Digital Infrastructure (AD) Lags Q1 Earnings and Revenue Estimates

  • Array reports first quarter 2026 results

  • Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

  • Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure

  • ARRAY Technologies Reports Financial Results for the First Quarter 2026

  • ARRAY Technologies Appoints Charlie Wickersham as Senior Vice President of Technology

  • Array Technologies, Inc. (ARRY) Stock Slides as Market Rises: Facts to Know Before You Trade

  • Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights