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Array Technologies, Inc. ARRY Q4 2025 Annual earnings

Reported February 25, 2026 · After market close

Revenue$226.0MBeat by $14.6M
EPS-$0.01Miss by $0.00
Revenue estimate$211.5M
EPS estimate-$0.01

Next report

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

Financials

Q4 2025

Income statement

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Revenue$226.0M-17.9%
Gross profit$19.3M-75.3%
Operating income-$148.1M-4.0%
Net income-$145.7M-14.8%
EPS (diluted)-$1.05-12.9%

Balance sheet

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Cash & equivalents$246.0M-32.4%
Total debt$766.2M+9.8%
Total equity-$206.3M-74.7%
Total assets$1.5B+1.8%

Cash flow

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Operating cash flow$43.6M-24.2%
CapEx$7.5M+340%
Free cash flow$36.2M-35.3%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$1.41B+53.5%
Enterprise value$1.93B+54.1%
P/S1.1×+0.1×

Profitability

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Gross margin23.2%-9.3pp
Operating margin-2.3%-1.1pp
Net margin-4.1%-1.9pp
FCF margin6.2%-9.8pp

Returns & leverage

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Current ratio2.3×0.0×

Segments

By segment

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Array Legacy Operations$212.0M+5.0%
STI Operations$14.0M-80.9%

FAQ

When did Array Technologies, Inc. report Q4 2025 earnings?
Array Technologies, Inc. (ARRY) reported Q4 2025 earnings on February 25, 2026 after market close.
What were Array Technologies, Inc.'s Q4 2025 revenue and EPS?
Array Technologies, Inc. reported revenue of $226.0M and eps of $-0.01 for Q4 2025.
Did Array Technologies, Inc. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $211.5M by $14.6M. EPS missed the consensus estimate of $-0.01 by $0.00.
How did Array Technologies, Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 17.9% from $275.2M a year earlier.
Where can I find Array Technologies, Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001820721-26-000005) and the 10-K periodic report (0001820721-26-000008) directly on SEC EDGAR. The filing index links above go to sec.gov.