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Array Technologies, Inc. ARRY Q2 2025 earnings

Reported August 7, 2025 · After market close

Revenue$362.2MBeat by $93.5M
EPS$0.25Beat by $0.04
Revenue estimate$268.7M
EPS estimate$0.21

Next report

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

Financials

Q2 2025

Income statement

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Revenue$362.2M+41.6%
Gross profit$97.1M+13.0%
Operating income$46.4M+17.1%
Net income$43.3M+68.3%
EPS (diluted)$0.19+138%

Balance sheet

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Cash & equivalents$378.8M+34.2%
Total debt$693.8M+1.9%
Total equity-$70.9M-135%
Total assets$1.5B-6.6%

Cash flow

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Operating cash flow$43.8M+1,008%
CapEx$6.6M+211%
Free cash flow$37.2M+1,938%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$1.13B-27.6%
Enterprise value$1.44B-26.2%
P/S1×-0.5×

Profitability

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Gross margin28.2%-0.2pp
Operating margin-17.2%-27.9pp
Net margin-17.8%-24.2pp
FCF margin10.4%-8.2pp

Returns & leverage

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Current ratio2.2×-0.3×

Segments

By geography

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U.S.$260.3M+61.8%
Spain$35.3M+68.4%
Brazil$15.2M-55.1%
Australia$5.9M+173%

By segment

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Array Legacy Operations$291.9M—
STI Operations$70.4M—

FAQ

When did Array Technologies, Inc. report Q2 2025 earnings?
Array Technologies, Inc. (ARRY) reported Q2 2025 earnings on August 7, 2025 after market close.
What were Array Technologies, Inc.'s Q2 2025 revenue and EPS?
Array Technologies, Inc. reported revenue of $362.2M and eps of $0.25 for Q2 2025.
Did Array Technologies, Inc. beat estimates in Q2 2025?
Revenue beat the consensus estimate of $268.7M by $93.5M. EPS beat the consensus estimate of $0.21 by $0.04.
How did Array Technologies, Inc.'s Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 41.6% from $255.8M a year earlier and eps grew 25.0% from $0.20.
Where can I find Array Technologies, Inc.'s Q2 2025 SEC filings?
You can read the 8-K earnings release (0001820721-25-000082) and the 10-Q periodic report (0001820721-25-000085) directly on SEC EDGAR. The filing index links above go to sec.gov.