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Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
4.080
+0.190 (4.88%)
Oct 2, 2026, 4:00 PM EDT - Market closed

Array Technologies Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,1851,284915.811,5771,638853.32
Revenue Growth
1.18%40.22%-41.91%-3.72%91.90%-2.22%
Gross Profit
317.13328.07293.68415.55212.7268.3
Operating Income
81.93113.8694.02217.09-17.04-22.05
Net Income
-147.91-112.03-296.0685.55-43.62-66.12
Earnings Per Share
-0.97-0.73-1.950.56-0.29-0.51
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Array Legacy Operations
1,1031,070661.631,173
STI Operations
81.95213.66254.18403.72
Total
1,1851,284915.811,577

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
307.3244.39362.99249.08133.9367.67
Total Debt
752.89766.19698.01707.64779.45726.62
Net Cash (Debt)
-445.58-521.81-335.02-458.56-645.55-358.95
Net Cash Growth
------
Net Cash Per Share
-2.91-3.42-2.21-3.02-4.31-2.76

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
162.86101.79153.98231.96141.49-263.19
Capital Expenditures
-28.13-21.97-7.31-16.99-10.62-3.36
Free Cash Flow
134.7379.81146.68214.97130.87-266.54
Free Cash Flow Growth
10.85%-45.59%-31.77%64.25%--

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
26.76%25.55%32.07%26.36%12.99%8.00%
Operating Margin
6.91%8.87%10.27%13.77%-1.04%-2.58%
Pretax Margin
-6.20%-2.28%-27.36%11.24%-0.30%-7.16%
Profit Margin
-12.48%-8.72%-32.33%5.43%-2.66%-7.75%
FCF Margin
11.37%6.21%16.02%13.63%7.99%-31.24%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---29.70--
Forward PE
5.4312.358.5614.7121.2939.80
P/FCF Ratio
4.6617.656.2611.8222.23-
PS Ratio
0.531.101.001.611.782.48