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Other geography segments

Brazil
$135.1M
Spain
$83.74M
Australia
$8.71M

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Other financials

Income statement

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Revenue$342.1M-5.6%
Gross profit$99.6M+2.6%
Operating income$34.8M-25.0%
Net income$24.3M-43.7%
EPS (diluted)$0.05-73.7%

Balance sheet

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Cash & equivalents$307.3M-18.9%
Total debt$752.9M+8.5%
Total equity-$202.1M-185%
Total assets$1.5B-0.5%

Cash flow

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Operating cash flow$121.3M+177%
CapEx$7.6M+15.1%
Free cash flow$113.6M+205%

Valuation

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Market cap$808.54M-7.5%
Enterprise value$1.25B+5.5%
P/S0.7×-0.1×

Profitability

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Gross margin24.3%-3.9pp
Operating margin-5.1%-2.1pp
Net margin-7.2%-2.7pp
FCF margin11.4%+1.0pp

Returns & leverage

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Return on equity-64.1%
Debt / equity10.5×+7.4×
Current ratio2.2×0.0×

Where this comes from

Reported directly by Array Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Array Technologies, Inc.’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 5:21 PM EST
Fiscal year
FY2025
Accession
0001820721-26-000008
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
U.S.$1,041,372$643,481$1,166,160
Spain141,04783,74299,160
Brazil60,716135,102257,872
Australia23,7798,70820,842
Remainder17,22744,77432,517
Total revenue$1,284,141$915,807$1,576,551

Item 16. Form 10–K Summary

FAQ

What is Array Technologies, Inc.'s U.S. — revenue?
Array Technologies, Inc. (ARRY) reported U.S. — revenue of $260.34M in Q4 2025.
How has Array Technologies, Inc.'s U.S. — revenue changed year-over-year?
Array Technologies, Inc.'s U.S. — revenue increased by 61.8% year-over-year, from $160.87M to $260.34M.
What is the long-term trend for Array Technologies, Inc.'s U.S. — revenue?
Over 4 years (2021 to 2025), Array Technologies, Inc.'s U.S. — revenue has grown at a 5.9% compound annual growth rate (CAGR), from $826.64M to $1.04B.
What does U.S. — revenue mean?
This metric represents the total gross income generated from the sale of solar tracking systems and related services within the United States geographic segment. It serves as a primary indicator of market demand and the company's competitive positioning within the domestic renewable energy infrastructure sector. Tracking this figure helps investors assess the scale of operations and the impact of regional energy policies on the company's top-line growth.

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