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Segments

By geography

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U.S.$643.48M
Brazil$135.1M
Spain$83.74M
Australia$8.71M

By segment

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Array Legacy Operations$320.31M+9.7%
STI Operations$21.76M-69.1%

Other financials

Income statement

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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-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053517
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$342,065$362,243$565,477$664,606
Cost of revenue
Cost of product and service revenue236,846261,479391,640483,775
Amortization of developed technology and backlog5,6153,64011,2297,279
Total cost of revenue242,461265,119402,869491,054
Gross profit99,60497,124162,608173,552
Operating expenses
General and administrative54,32544,954104,72988,899

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Array Technologies, Inc.'s total revenue?
Array Technologies, Inc. (ARRY) reported total revenue of $342.07M in Q2 2026.
How has Array Technologies, Inc.'s total revenue changed year-over-year?
Array Technologies, Inc.'s total revenue decreased by 5.6% year-over-year, from $362.24M to $342.07M.
What is the long-term trend for Array Technologies, Inc.'s total revenue?
Over 4 years (2021 to 2025), Array Technologies, Inc.'s total revenue has grown at a 10.8% compound annual growth rate (CAGR), from $853.32M to $1.28B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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