Array Technologies, Inc.
About Array Technologies, Inc.
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
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Financial summary
- Revenue FY2025
- $1.3B
- Net income
- -$52.2M
- Total assets
- $1.5B
- Market cap
- $1.2B
- Gross margin
- 23.2%
- Operating margin
- -2.3%
- Net margin
- -4.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $1.3B
- Cost of revenue
- $985.6M
- Gross profit
- $298.6M
- Operating expenses
- $327.5M
- Operating income
- -$29.0M
- Income tax
- $23.0M
- Net income
- -$52.2M
- EPS (basic)
- $-0.73
- EPS (diluted)
- $-0.73
Balance sheet
- Total assets
- $1.5B
- Current assets
- $869.0M
- Total liabilities
- $1.2B
- Current liabilities
- $377.0M
- Shareholders’ equity
- -$206.3M
Cash flow
- Operating cash flow
- $101.8M
- Investing cash flow
- -$187.9M
- Financing cash flow
- -$38.1M
- Net cash flow
- -$118.2M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $1.2B
- EPS (diluted)
- $-0.73
- Shares outstanding
- 158.7M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 15, 2020
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $52.2M in FY2025.
- Revenue grew 47% from FY2020 to FY2025.
- Gross margin of 23.2%, net margin -4.1%.
- Trading 34% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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