ARRY Stock — Array Technologies, Inc.

Up next

Next earnings call

Nov 4, 2026 Est · unconfirmed · in 5 wks

Latest filing: 10-Q

filed Aug 5, 2026

Q2 2026 earnings call transcript

call held Aug 5, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

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

21.8%

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)

-50.6%

Trailing year

Short interest

22.9%

Latest settlement · 6.4 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 Bullish Fundamentals Strong Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −47%

below

Price vs 50-day avg −15%

below

RSI (14) 39

neutral

MACD trend Positive

52-week position 2%

near low

Momentum

relative strength

Very Weak

1-month return −8%

trailing

6-month return −44%

trailing

YTD return −56%

this year

Relative strength −56%

vs S&P · 6-mo

Sentiment

smart money

Bullish

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 Falling

22.89% of float · ▼ -0.6% MoM · 6.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

268 holders — mid 3-yr range

Squeeze score 67

elevated · 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 −68%

past year

ATR 5.7%

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

what management promised — and delivered

Beat or met 5 of last 5

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%

Guided vs delivered · last 5 settled

Revenue year ending December 31, 2024

guided $900M – $1B

guided $900M – $1B $915.81M In line

Third quarter revenue Third quarter

guided $220M – $235M

guided $220M – $235M $231.41M In line

Revenue second quarter

guided $225M – $235M

guided $225M – $235M $255.77M Beat +11.2%

Revenue year ending December 31, 2023

guided $1.53B – $1.58B

guided $1.53B – $1.58B $1.58B Beat +1.7%

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

Technicals

trend & momentum for long-term holders Sell

3 · 2 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−47% Bearish

Price vs 50-day avg

−15% Bearish

RSI (14)

39 Neutral

MACD trend

Positive Bullish

52-week position

2% Bearish

Market signals — smart money & positioning

Bullish · 2 of 6

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 Falling

22.89% of float · ▼ -0.6% MoM · 6.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

268 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $4 Now $4 · 2% Range high $12

vs 200-day avg -47% vs 50-day avg -15%

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	$619.11M	-56.3%	+40.2%	—	22.9%
FSLR First Solar, Inc.	$19.10B	-32.9%	+24.1%	11.0	9.8%
NXT Nextpower Inc.	$12.27B	-10.5%	+20.3%	20.9	5.8%
ENPH Enphase Energy, Inc.	$4.27B	+2.9%	+10.7%	32.1	18.1%
SMTGF SMA Solar Technology AG/ADR	$2.32B	+76.2%	—	—	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: +24.9M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

208

View

Short & Settlement

Short Interest Falling

Shares short

35.3M

Days to cover: 6.4d
Change: -198.7K sh

View

Short Volume

Short vol %

70%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

3.6K

Value: $16.6K
As of: Sep 14, 2026

View

Off-Exchange

Off-exchange %

45.2%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Sell

Member

Daniel Goldman

Amount: $1.0K–$15.0K
Traded: Apr 10, 2023

View

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

Last call

Sep 29, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
ARRY	+4.4%	-7.6%	-44.1%	-8.8%	-56.3%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	+5.1%	-7.7%	-56.3%	-8.2%	-68.1%

ARRY · Array Technologies, Inc.

Price & Indicators

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Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance