Array Technologies, Inc. (ARRY)

NASDAQ: ARRY · Real-Time Price · USD

5.22

+0.14 (2.76%)

At close: Jul 31, 2026, 4:00 PM EDT

5.19

-0.03 (-0.54%)

After-hours: Jul 31, 2026, 7:50 PM EDT

Array Technologies Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,205	1,284	915.81	1,577	1,638	853.32
Revenue Growth	13.19%	40.22%	-41.91%	-3.72%	91.90%	-2.22%
Gross Profit	285.13	298.55	297.68	415.55	212.72	68.3
Operating Income	53.39	-29	-227.01	214.12	-18.13	-24.74
Net Income	-127.88	-112.03	-296.06	85.55	-43.62	-66.12
Earnings Per Share	-0.84	-0.73	-1.95	0.56	-0.29	-0.51
EPS Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
STI Operations	130.55	213.66	254.18	403.72
Array Legacy Operations	1,075	1,070	661.63	1,173
Total	1,205	1,284	915.81	1,577

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	200.7	244.39	362.99	249.08	133.9	367.67
Total Debt	763.21	766.19	698.01	682.42	759.04	715.36
Net Cash (Debt)	-562.5	-521.81	-335.02	-433.34	-625.14	-347.69
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.67	-3.42	-2.21	-2.85	-4.17	-2.67

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	26.19	101.79	153.98	231.96	141.49	-263.19
Capital Expenditures	-27.13	-21.97	-7.31	-16.99	-10.62	-3.36
Free Cash Flow	-0.94	79.81	146.68	214.97	130.87	-266.54
Free Cash Flow Growth	-	-45.59%	-31.77%	64.25%	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	23.66%	23.25%	32.50%	26.36%	12.99%	8.00%
Operating Margin	4.43%	-2.26%	-24.79%	13.58%	-1.11%	-2.90%
Pretax Margin	-4.01%	-2.28%	-27.36%	11.24%	-0.30%	-7.16%
Profit Margin	-5.56%	-4.07%	-26.25%	8.71%	0.27%	-5.91%
FCF Margin	-0.08%	6.22%	16.02%	13.64%	7.99%	-31.24%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	30.00	-	-
Forward PE	6.95	12.35	8.56	14.71	21.29	39.80
P/FCF Ratio	13.78	17.65	6.26	11.82	22.23	-
PS Ratio	0.67	1.10	1.00	1.61	1.78	2.48