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ARRY · Array Technologies, Inc.

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$4.06 -0.18 (-4.25%) At close · Sep 18
Market Cap
$674.55M
Shares
154.01M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$4.06 Open$4.08 Day$3.89–4.15 52W close$4.06–11.96 Avg vol 30d6.3M Short int35.5M · 23.0% float · 5.8d Short vol85% Last earningsAug 5, 2026 DataOct 2020–Sep 2026 Filing10-Q · Aug 5

Up next

Next earnings call
Nov 4, 2026 Est · unconfirmed · in 6 wks
filed Aug 5, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.19B
Trailing 12 months
Net income (TTM)
−$85.90M
Trailing 12 months
Revenue growth YoY
-5.6%
Year over year
Operating margin
-5.1%
Trailing 12 months
P / E (TTM)
Trailing earnings
FCF yield
20.0%
TTM · current market cap
Return on invested capital
Trailing 12 months
Net cash
−$350.45M
Latest balance sheet
Dividend yield
Trailing 12 months
Shares change YoY
+1.7%
Year over year · more shares
Price change (1Y)
-49.6%
Trailing year
Short interest
23.0%
Latest settlement · 5.8 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 5, 2026
Q2 FY26

TL;DR. Array Technologies reported Q2 revenue of $342M (up 53% sequentially and above $300-$320M guidance), record $2.5B orderbook (+37% YoY), and raised full-year adjusted gross margin guidance to 27%-28% and adjusted EPS to $0.68-$0.75, while management signaled H2 revenue may track below the midpoint due to project timing shifts into 2027 and updated free cash flow conversion to 20%-25% of EBITDA.

Bullish
  • + Q2 revenue of $342M beat $300-$320M guidance, with adjusted gross margin of 30.8% (+300 bps YoY) and adjusted EBITDA more than doubling sequentially to $63M
  • + Record $2.5B orderbook achieved for third consecutive quarter, up 37% YoY, with trailing twelve-month book-to-bill of 1.5x and over $500M of new bookings
Bearish
  • Management flagged potential Q2 2026 revenue tracking below the midpoint of $1.4B-$1.5B full-year guidance due to permitting and site readiness timing pushing revenue into 2027
  • Q3 2026 revenue guidance of $310-$330M implies a back-half-loaded year, with Q4 expected to require substantial shipment ramp
  • Full-year free cash flow conversion cut to approximately 20%-25% of adjusted EBITDA from prior expectation of similar pace to 2025, as Q4 collections shift into Q1 2027

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 14.8 · calm Equity put/call 0.58
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −47%
below
Price vs 50-day avg −21%
below
RSI (14) 32
neutral
MACD trend Positive
52-week position 0%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −14%
trailing
6-month return −45%
trailing
YTD return −56%
this year
Relative strength −65%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $5 › 200d $8 — 200d above 50d
Institutional flow Accumulating
+2% holders QoQ · +41 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
23.02% of float · ▲ +19.2% MoM · 5.8 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
268 holders — mid 3-yr range
Squeeze score 71
high risk · 0–100
Fundamentals
Strong
Revenue growth +40%
Y/Y
Gross margin 23%
contracting
EPS growth +63%
Y/Y
Free cash flow $79.8M
Balance sheet $424.6M
net debt
Quant / Vol
risk profile
Very High
Volatility 78%
annualized · 1-yr
Max drawdown −66%
past year
ATR 6.5%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 4 of last 4
Latest guidance · from the 8-K filed Aug 5, 2026
full-year 2026
Adjusted Gross Margin Initiated 27% – 28%
the year ending December 31, 2026
Adjusted EBITDA Initiated $210M – $230M
Full Year Ending December 31, 2026
Revenue Initiated $1.4B – $1.5B
prior FY $1.28B midpoint +12.9% Y/Y
3Q26 Ending September 30, 2026
Revenue $310M – $330M
prior qtr $342.07M midpoint −6.5% QoQ
Full Year 2026
FY Adjusted G&A Initiated 12%
Prior guidance period ended · from the 8-K filed Aug 8, 2024
Revenue · year ending December 31, 2024 $900M – $1B
Third quarter revenue · Third quarter $220M – $235M
Effective Tax Rate for Adjusted EPS · Full Year Ending December 31, 2024 24% – 26%
Capital Expenditures · Full Year Ending December 31, 2024 $25M
Guided vs delivered · last 4 settled
Revenue year ending December 31, 2024
guided $900M – $1B
$915.81M In line
Third quarter revenue Third quarter
guided $220M – $235M
$231.41M In line
Revenue second quarter
guided $225M – $235M
$255.77M Beat +11.2%
Revenues 2021
guided $850M – $940M
$853.32M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 3 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−47% Bearish
Price vs 50-day avg
−21% Bearish
RSI (14)
32 Neutral
MACD trend
Positive Bullish
52-week position
0% Bearish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $5 › 200d $8 — 200d above 50d
Institutional flow Accumulating
+2% holders QoQ · +41 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
23.02% of float · ▲ +19.2% MoM · 5.8 days cover
Volume signal Reversal watch
High volume on a down day — possible exhaustion
Institution breadth Steady
268 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $4 Now $4 · 0% Range high $12
vs 200-day avg -47% vs 50-day avg -21%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Solar — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ARRY
Array Technologies, Inc.
this stock
$674.55M -56.0% +40.2% 23.0%
FSLR
First Solar, Inc.
$21.62B -25.0% +24.1% 12.4 8.8%
NXT
Nextpower Inc.
$12.21B -7.6% +20.3% 20.8 5.9%
ENPH
Enphase Energy, Inc.
$4.77B +8.1% +10.7% 35.9 17.7%
SMTGF
SMA Solar Technology AG/ADR
$2.39B +81.3% 0.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
268
% held
154.1%
Net QoQ
+25.0M sh
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
209
View
Short & Settlement
Short Interest Rising
Shares short
35.5M
Days to cover
5.8d
Change
+5.7M sh
View
Short Volume
Short vol %
85%
As of
Sep 18, 2026
Short Total
View
Fails to Deliver
FTD shares
1.5K
Value
$6.9K
As of
Aug 28, 2026
View
Off-Exchange
Off-exchange %
48.4%
Week of
Aug 10, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Sell
Member
Daniel Goldman
Amount
$1.0K–$15.0K
Traded
Apr 10, 2023
View
Financials
Financials
Revenue (FY)
$1.3B
Net income (FY)
$-52.2M
EPS diluted
$-0.73
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 31, 2026
This year
13
View
Proposed Sales
Value
$200.1K
Shares
31.9K
Filed
Nov 12, 2024
View
Earnings & Events
Earnings Calls Upcoming
Next call
Sep 23, 2026
Last call
Aug 5, 2026
View
Investor Relations
Latest news
ARRAY Opens New Albuquerque Manuf…
Published
Sep 9, 2026
Upcoming events
2
View

Performance

5D 20D 120D MTD YTD
ARRY -12.1% -13.8% -44.6% -8.1% -56.0%
SPY -0.3% -0.1% +20.1% -0.7% +11.7%
vs SPY -11.8% -13.7% -64.7% -7.4% -67.7%
Key facts CIK 1820721 CUSIP 04271T100 13F (30d) 9 filings 9 filers Visit website Investor relations