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Companies / Technology / Array Technologies, Inc.
ARRY

Array Technologies, Inc.

TechnologySemiconductors
Ticker ARRYALBUQUERQUE, NMFiscal year ends DecemberBook value per share $-1.32Diluted shares 153.4M

Array Technologies, Inc. (NASDAQ: ARRY) operates as a leading global provider of solar tracking technology and fixed-tilt systems serving utility-scale and distributed generation customers. The company's website is www.arraytechinc.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.28B
+40.2% year over year
Last 12 mo $1.19B
-2.26%
+22.5 percentage points
Last 12 mo -5.13%
$-52.23M
+78.3% year over year
Last 12 mo $-85.90M
15.30%
+100.7 percentage points
Last 12 mo 42.51%
Cash & financing
$101.78M
−33.9% year over year
Last 12 mo $162.86M
$79.81M
−45.6% year over year
Last 12 mo $134.73M
-3.24
Was -5.74× a year earlier
Last 12 mo -3.25
152.5M
+0.5% year over year
Last 12 mo 153.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Array Technologies, Inc. does

In the company’s own words

Array Technologies, Inc. (NASDAQ: ARRY) operates as a leading global provider of solar tracking technology and fixed-tilt systems serving utility-scale and distributed generation customers. The company's website is www.arraytechinc.com.

Array designs, manufactures, and sells integrated solar tracking systems comprised of software and hardware components that optimize energy production throughout the lifecycle of solar photovoltaic projects. The company's flagship product, the DuraTrack HZ v3 tracker, uses patented single-axis technology that allows one motor to drive multiple rows of solar panels through articulated driveline joints, resulting in lower assembly costs and reduced maintenance requirements compared to competitor designs. The company's core U.S. patent on its linked-row, rotating gear drive system remains valid through February 2030.

The company operates through multiple product lines including the Array STI H250 dual-row tracker acquired through the 2022 acquisition of STI, the OmniTrack system designed for uneven terrain, and the SkyLink grid-independent tracker. Array also offers Array SmarTrack software solutions that optimize energy capture and mitigate extreme weather risks through real-time weather data integration and automated response algorithms. Following the August 2025 acquisition of APA Solar, the company expanded its portfolio to include comprehensive foundation solutions and racking systems for utility-scale projects.

Array maintains manufacturing and assembly operations across multiple continents, including an approximately 283,000 square foot facility in Albuquerque, New Mexico, a new 176,000 square foot facility in Bernalillo County, New Mexico expected to commence production in the first half of 2026, and international operations in Spain and Brazil. The company employs approximately 1,200 full-time employees, with roughly 66 percent located in the United States and 34 percent distributed internationally across Europe, the Middle East, Asia, Latin America, Australia, and Africa.

As of December 31, 2025, Array had shipped more than 96 gigawatts of trackers globally. During the year ended December 31, 2025, the company derived 81 percent of revenues from United States customers and 19 percent from international markets. The company sells to solar developers, independent power producers, utilities, and engineering, procurement, and construction firms through master supply agreements and multi-year procurement contracts.

Company details
Sector
Technology
Industry
Semiconductors
Headquarters
ALBUQUERQUE, NM
Fiscal year end
December
CIK
1820721
SIC
3674

Financial performance, year by year

Fiscal 2020–2025 · USD
$-428.19M$135.19M$698.58M$1.26B$1.83B202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Array Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

188
funds hold it
0 of 35
superinvestors hold it
$523.37M
held by funds, at market
43.0%
of shares held by funds
3
bond issues held by funds

Largest fund holders · Array Technologies, Inc.’s weight in each

First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
0.56%of fund net assets
Invesco Solar ETF
TAN · Invesco Exchange-Traded Fund Trust II
2.42%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
GMO Resources Fund
GOFIX · GMO TRUST
2.29%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Array Technologies, Inc.’s bonds, as funds hold them

Funds report holding 3 issues of Array Technologies, Inc.’s debt, $59.56M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.48%, maturing 2028 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Array Technologies, Inc. and its peers compare on margins and cash generation over ten years?”
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