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NASDAQ · Technology

Array Technologies, Inc. (ARRY)

Array Technologies, Inc. brought in $1.1B of revenue over the twelve months to September 30, 2026, down 15.9% from a year earlier. It posted a net loss of $111.2M. Operating cash flow minus capital spending left $79.8M of free cash flow in fiscal 2025. At September 30, 2026 it held $143.3M in cash against $661.8M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.

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Price
$4.73
-8.86% on the day · November 10, 2026
52-week range $3.09 to $12.23
Market cap
$728.5M
Revenue (last 12 months)
$1.1B
-15.9% year on year
Net margin
-9.9%

Key facts about Array Technologies, Inc.

Net worth
Array Technologies, Inc. has a market value (market cap) of $728.5M at the latest share price, and shareholders' equity of -$208.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $1.3B (+40.2% year on year), with a net loss of $52.2M. Over the 12 months to September 30, 2026: revenue $1.1B, net loss $111.2M.
Cash flow
In fiscal 2025 operations brought in $101.8M of cash; after $22M of capital spending, free cash flow was $79.8M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Array Technologies, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Array Technologies, Inc. does

Array Technologies, Inc. is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker ARRY.

Revenue and profit by year

Revenue
FY18: $290.8M $290.8M FY18FY20: $647.9M $647.9M FY20FY20: $872.7M $872.7M FY20FY21: $853.3M $853.3M FY21FY22: $1.6B $1.6B FY22FY23: $1.6B $1.6B FY23FY24: $915.8M $915.8M FY24FY25: $1.3B $1.3B FY25
Net income
FY18: -$60.8M -$60.8M FY18FY20: $39.7M $39.7M FY20FY20: $59.1M $59.1M FY20FY21: -$50.4M -$50.4M FY21FY22: $4.4M $4.4M FY22FY23: $137.2M $137.2M FY23FY24: -$240.4M -$240.4M FY24FY25: -$52.2M -$52.2M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.3B-$29M-$52.2M-$0.73$79.8M
2024$915.8M-$227M-$240.4M-$1.95$146.7M
2023$1.6B$214.1M$137.2M$0.56$215M
2022$1.6B-$18.1M$4.4M-$0.29$130.9M
2021$853.3M-$24.7M-$50.4M-$0.51-$266.5M
2020$872.7M$95.2M$59.1M$0.49-$123.5M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 24, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 25, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where ARRY ranks in Technology

Revenue$1.3B
#195 of 751 in Technology · Top 26%
Revenue growth+40.2%
#72 of 604 in Technology · Top 12%
Net margin-4.1%
#385 of 611 in Technology · Bottom 37%
Free cash flow margin6.2%
#327 of 568 in Technology · Bottom 43%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Array Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 9, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue fell 16% to $330.2M versus the same quarter last year; diluted EPS -$0.05 versus $0.12.
  2. November 4, 2026
  3. November 4, 2026
  4. November 3, 2026
  5. October 27, 2026
  6. August 31, 2026
  7. August 20, 2026
  8. August 14, 2026
  9. August 10, 2026
  10. August 6, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 28, 2026. Insider transactions on SEC

What is ARRY worth? A DCF from its reported cash flow

Insider trades

What the people running Array Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 8 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
September 24, 2026 Manning NeilPresident & COO Exercised options 38,976 - - Form 4
September 24, 2026 Manning NeilPresident & COO Shares withheld for tax 10,466 $3.93 $41.1K Form 4
September 24, 2026 Collins Terrance LChief Human Resources Officer Exercised options 32,739 - - Form 4
September 24, 2026 Collins Terrance LChief Human Resources Officer Shares withheld for tax 8,955 $3.93 $35.2K Form 4
September 24, 2026 Zhu JamesChief Accounting Officer Exercised options 23,385 - - Form 4
September 24, 2026 Zhu JamesChief Accounting Officer Shares withheld for tax 6,279 $3.93 $24.7K Form 4
September 24, 2026 Hostetler Kevin G.Chief Executive Officer, Director Exercised options 213,070 - - Form 4
September 24, 2026 Hostetler Kevin G.Chief Executive Officer, Director Shares withheld for tax 89,170 $3.93 $350.4K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns ARRY

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
BlackRock, Inc.13G, passive 12% 18,475,765 October 27, 2026
Hill City Capital Master Fund LP13G, passive with 4 related filers 8.4% 12,891,300 August 10, 2026
BlackRock Portfolio Management LLC13G, passive 8.2% 12,612,897 May 1, 2026
Grantham, Mayo, Van Otterloo & Co. LLC13G, passive 7.73% 11,890,976 August 6, 2026
First Trust Portfolios L.P.13G, passive with 2 related filers 6.76% 10,402,354 July 30, 2026
BNP Paribas Asset Management Holding S.A.13G, passive 6.3% 9,605,177 April 29, 2026
T. Rowe Price Associates, Inc.13G, passive 5.6% 8,642,626 August 14, 2026
The Goldman Sachs Group, Inc. ------------------------------------------------------------------------------13G, passive with 1 related filers 5.6% 8,633,092 November 12, 2024
Vanguard Portfolio Management13G, passive 5.34% 8,180,972 April 28, 2026
Vanguard Capital Management13G, passive 5.1% 7,810,158 April 29, 2026

Latest filings below 5%: The Vanguard Group 0% (March 26, 2026); Schroder Investment Management Group 2.4% (August 13, 2025); Point72 Asset Management, L.P. 2% (May 15, 2025); Electron Capital Partners, LLC 1.2% (November 14, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 261 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.29,253,142$216.8M+66,056
Hill City Capital, LP12,891,300$95.5M0
Grantham, Mayo, Van Otterloo & Co. LLC11,890,976$88.1M+939,034
UBS Group AG11,472,621$85M+3,671,053
First Trust Advisors LP10,341,255$76.6M+10,005,767
BNP PARIBAS ASSET MANAGEMENT Holding S.A.9,572,330$70.9M-32,847
Vanguard Portfolio Management LLC7,994,828$59.2M-102,708
Invesco Ltd.7,443,696$55.2M+16,527
Vanguard Capital Management LLC6,806,056$50.4M+127,991
Morgan Stanley6,707,669$49.7M-286,110
State Street Corp5,554,472$41.1M+736,561
Schroder Investment Management Group4,343,784$32.2M-1,434,346
Geode Capital Management, LLC4,241,127$31.4M+270,682
Amundi4,233,609$31.4M+374,527
Allspring Global Investments Holdings, LLC3,478,076$24.9M+1,145,320
Legal & General Group Plc3,073,483$22.8M+934,786
Pictet Asset Management Holding SA2,549,896$18.9M+79,885
Ameriprise Financial Inc2,428,369$18Mnew
Swedbank AB2,351,820$17.4M+906,100
Allianz Asset Management GmbH2,369,442$17.1M0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

12 insiders reported holding 1,210,274 shares in total, about $5.7M at the last price.

HolderSharesAs of
Hostetler Kevin G.Chief Executive Officer, Director 448,166 September 24, 2026
Forth John BradfordDirector 151,020 May 19, 2026
Collins Terrance LChief Human Resources Officer 87,302 September 24, 2026
Schmid GerrardDirector 85,785 May 19, 2026
Manning NeilPresident & COO 82,435 September 24, 2026
Alstead TroyDirector 74,333 May 19, 2026
Ashford Orlando DDirector 74,333 May 19, 2026
Iyengar JayanthiDirector 73,807 May 19, 2026
Jokinen Tracy CDirector 44,516 May 19, 2026
Zhu JamesChief Accounting Officer 34,743 September 24, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about ARRY

What does Array Technologies, Inc. do?

Array Technologies, Inc. is a company in the Technology sector, listed on NASDAQ as ARRY. Its shares trade on NASDAQ under the ticker ARRY.

What is Array Technologies, Inc.'s net worth?

Array Technologies, Inc. has a market value (market cap) of $728.5M at the latest share price, and shareholders' equity of -$208.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Array Technologies, Inc. profitable?

No. Over the twelve months to September 30, 2026 it reported a net loss of $111.2M on revenue of $1.1B.

How much revenue does Array Technologies, Inc. make?

Over the twelve months to September 30, 2026 Array Technologies, Inc. reported revenue of $1.1B. That is 15.9% less than a year earlier.

When did Array Technologies, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.

When is Array Technologies, Inc.'s next earnings report?

Array Technologies, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Array Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.