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Array Technologies, Inc. ARRY Q1 2026 earnings

Reported May 6, 2026 · After market close

Revenue$223.4MBeat by $21.8M
EPS$0.06Beat by $0.12
Revenue estimate$201.7M
EPS estimate-$0.06

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$329.7M
EPS estimate$0.12

Financials

Q1 2026

Income statement

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Revenue$223.4M-26.1%
Gross profit$63.0M-17.6%
Operating income$7.1M-73.9%
Net income$2.0M-88.1%
EPS (diluted)-$0.09-550%

Balance sheet

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Cash & equivalents$202.0M-42.2%
Total debt$763.2M+12.4%
Total equity-$214.4M-119%
Total assets$1.5B+3.5%

Cash flow

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Operating cash flow-$29.4M-125%
CapEx$7.5M+219%
Free cash flow-$36.9M-140%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$1.11B+49.3%
Enterprise value$1.67B+55.8%
P/S0.9×+0.2×

Profitability

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Gross margin23.7%-6.3pp
Operating margin-4.1%-1.8pp
Net margin-5.6%-2.4pp
FCF margin4.8%-3.3pp

Returns & leverage

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Current ratio2.3×-0.1×

Segments

By segment

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Array Legacy Operations$217.4M+2.0%
STI Operations$6.0M-93.2%

FAQ

When did Array Technologies, Inc. report Q1 2026 earnings?
Array Technologies, Inc. (ARRY) reported Q1 2026 earnings on May 6, 2026 after market close.
What were Array Technologies, Inc.'s Q1 2026 revenue and EPS?
Array Technologies, Inc. reported revenue of $223.4M and eps of $0.06 for Q1 2026.
Did Array Technologies, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $201.7M by $21.8M. EPS beat the consensus estimate of $-0.06 by $0.12.
How did Array Technologies, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 26.1% from $302.4M a year earlier and eps declined 53.8% from $0.13.
Where can I find Array Technologies, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-031282) and the 10-Q periodic report (0001628280-26-031453) directly on SEC EDGAR. The filing index links above go to sec.gov.