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Array Technologies, Inc. (ARRY)
Technology · Solar · NasdaqGM
Array Technologies, Inc. revenue & earnings — last 8 fiscal years
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $290.78M | $647.90M | $872.66M | $853.32M | $1.64B | $1.58B | $915.81M | $1.28B |
| Gross profit | $11.55M | $150.76M | $202.80M | $68.30M | $212.72M | $415.55M | $297.68M | $298.55M |
| Net income | $-60.76M | $39.74M | $59.07M | $-50.40M | $4.43M | $137.24M | $-240.39M | $-52.23M |
| Net margin | -20.9% | 6.1% | 6.8% | -5.9% | 0.3% | 8.7% | -26.2% | -4.1% |
Source: Array Technologies, Inc. SEC filings (10-K).
What growth is priced into ARRY stock?
At today's market cap of $1.11B, Array Technologies, Inc. is priced for free-cash-flow growth of about 2.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $79.81M from the FY ending 2025-12-31). For comparison, revenue 8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 8 years of Array Technologies, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Array Technologies, Inc. financial history by metric
About Array Technologies, Inc.
Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company's products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.
Array Technologies, Inc. — frequently asked questions
What is Array Technologies, Inc.'s revenue?
Array Technologies, Inc. (ARRY) reported revenue of $1.28B for fiscal year 2025, up 40.2% from the prior year, according to its SEC filings.
Is Array Technologies, Inc. profitable?
No — ARRY reported a net loss of $-52.23M in fiscal 2025.
What is ARRY's P/E ratio?
Array Technologies, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Array Technologies, Inc. growing?
ARRY's revenue grew at roughly 8.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Array Technologies, Inc. have?
As of fiscal year 2025, ARRY carried roughly $668.98M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Array Technologies, Inc.'s gross margin?
ARRY's gross margin was 23.2% in fiscal 2025 — gross profit of $298.55M on revenue of $1.28B.
What is Array Technologies, Inc.'s market cap?
Array Technologies, Inc. (ARRY) has a market capitalization of about $1.11B, based on the latest data in our nightly-refreshed cache.
When does Array Technologies, Inc.'s fiscal year end?
ARRY's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into ARRY stock?
At today's market cap of $1.11B, Array Technologies, Inc. is priced for free-cash-flow growth of about 2.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $79.81M from the FY ending 2025-12-31). For comparison, revenue 8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Array Technologies, Inc.'s official SEC filings (10-K and 10-Q), covering 8 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.