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ARRY stock logo

ARRY

Array Technologies, Inc.

$3.54
-0.03
 (-0.98%)
Exchange:  NASDAQ
Market Cap:  543.776M
Shares Outstanding:  126.994M
Delayed data
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  EnergyView sector performance
Industry:  SolarView industry performance
   
CEO:  Kevin G. Hostetler
Full Time Employees:  1200
Address: 
3901 Midway Place NE
Albuquerque
NM
87109
US
Website:  https://arraytechinc.com
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.

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Revenue Segmentation

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Industry Peers

TICKERCOMPANYMKT CAPP/EFWD P/EROIC
ARARRY logoARRYArray Technologies, Inc.543.8M—4.83.5%
CSCSIQ logoCSIQCanadian Solar Inc.686.4M——-0.2%
TOTOYO logoTOYOTOYO Co., Ltd.174.5M1.82.226.3%
JKJKS logoJKSJinkoSolar Holding Co., Ltd.107.9M——-3.7%
SOSOL logoSOLEmeren Group, Ltd.99.6M—9.2103.3%
TYTYGO logoTYGOTigo Energy, Inc.63.7M6.2—-5.1%

EPS

Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/09 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue1,576,551915,8071,284,141
Gross Profit415,551297,677298,553
EBITDA276,212-162,97245,402
Operating Income214,124-227,00573,742
Net Income137,240-240,394-52,235

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets1,706,7411,425,9991,451,792
Total Liabilities1,096,2331,137,1641,191,404
Total Stockholders Equity610,508288,835260,388
Total Debt707,639698,012107,529
Cash and Cash Equivalents249,080362,992244,388

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow231,955153,9800
Capital Expenditure-16,989-7,3050
Free Cash Flow214,966146,6750
Net Income137,240-240,3940
Net Change in Cash115,179115,061-118,157

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2030Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)1,560,815.344Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)1,756,581.438Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)1,671,030.402Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)208,621.625Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)233,182.274Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)222,449.313Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)104,934.779Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)122,415.519Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)114,776.466Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)192,964.905Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)217,167.631Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)206,590.885Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)0.750Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)0.800Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)0.690Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)4Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
915.807M  ?P/S
 (TTM)
: 
0.48
?Net Income
 (TTM)
: 
-240.394M  ?P/E
 (TTM)
: 
-3.76
?Enterprise Value
 (TTM)
: 
1.012B  ?EV/FCF
 (TTM)
: 
7.51
?Dividend Yield
 (TTM)
: 
0%  ?Payout Ratio
 (TTM)
: 
0%
?ROE
 (TTM)
: 
-47.02%  ?ROIC
 (TTM)
: 
3.47%
?Net Debt
 (TTM)
: 
333.871M  ?Debt/Equity
 (TTM)
: 
-3.73
?P/B
 (TTM)
: 
-2.8  ?Current Ratio
 (TTM)
: 
2.2

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
4.78Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MarketSnap estimates ARRY intrinsic value between $6.64 – $8.25 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate ARRY Intrinsic Value

Common questions about ARRY valuation

Is Array Technologies, Inc. (ARRY) overvalued or undervalued right now?

MarketSnap estimates intrinsic value for Array Technologies, Inc. (ARRY) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is ARRY a buy, hold, or sell for long-term investors?

MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether ARRY trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is ARRY’s P/E ratio?

You can see ARRY’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for ARRY?

MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is ARRY a good long-term investment?

Whether ARRY fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

Research tools for Array Technologies, Inc.

  • Array Technologies, Inc. intrinsic value calculatorEstimate what the business is worth
  • Array Technologies, Inc. 5-year outlookWhat has to go right, and what could go wrong
ARRY

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-0.98
MarketSnap

Trading Metrics:

Open: 3.6   Previous Close: 3.57
Day Low: 3.51   Day High: 3.6
Year Low: 3.32   Year High: 12.23
Price Avg 50: 4.38   Price Avg 200: 7.23
Volume: 3.064M   Average Volume: 6.65M

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See in Nexus

Relevant news

Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights
14-10-2026 19:16
Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights
Array Technologies, Inc. (ARRY) Stock Sinks As Market Gains: Here's Why
05-10-2026 19:15
Array Technologies, Inc. (ARRY) Stock Sinks As Market Gains: Here's Why
Array Technologies, Inc. (ARRY) Dips More Than Broader Market: What You Should Know
16-06-2026 19:17
Array Technologies, Inc. (ARRY) Dips More Than Broader Market: What You Should Know
ARRAY Opens New Albuquerque Manufacturing Facility with Ribbon Cutting Ceremony
09-09-2026 18:08
ARRAY Opens New Albuquerque Manufacturing Facility with Ribbon Cutting Ceremony
ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy
31-08-2026 16:05
ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy
ARRAY Technologies to Participate in Upcoming Investor Conferences
27-08-2026 16:30
ARRAY Technologies to Participate in Upcoming Investor Conferences

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