Array Technologies (ARRY) Stock Price

Array Technologies Price

🇺🇸NASDAQ·CLOSED
6.81USD
Market closed
Today +/-
+0,00 USD
Today %
+0,00 %

Array Technologies (ARRY) — ISIN US04271T1007. The Array Technologies stock price was 6.81 USD in 2026. Revenue was 1.49 B USD. Earnings were 133.94 M USD. P/E ratio was 7.72. Array Technologies operates in the Industry sector.

Array Technologies stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Array Technologies over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Array Technologies stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Array Technologies's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Array Technologies Stock Price History
DateArray Technologies Price
3/6/20266.81 USD
3/5/20267.13 USD
2/27/20267.21 USD
2/26/20267.27 USD
2/25/20269.67 USD
2/23/202610.88 USD
2/20/202611.28 USD
2/19/202610.98 USD
2/18/202611.68 USD
2/16/202611.29 USD

Array Technologies Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
290.8 M USD
-61.2 M USD
-60.8 M USD
Jan 1, 2019
647.9 M USD
83.4 M USD
39.7 M USD
Jan 1, 2020
872.7 M USD
95.2 M USD
59.1 M USD
Jan 1, 2021
853.3 M USD
-24.7 M USD
-66.1 M USD
Jan 1, 2022
1.64 B USD
-12.6 M USD
-43.6 M USD
Jan 1, 2023
1.58 B USD
214.12 M USD
85.55 M USD
Jan 1, 2024
915.81 M USD
100.9 M USD
-296.06 M USD
Invalid Date
1.29 B USD
121.59 M USD
104.48 M USD
Invalid Date
1.49 B USD
188.95 M USD
133.94 M USD
Invalid Date
1.59 B USD
219.1 M USD
155.46 M USD
Invalid Date
1.6 B USD
225.99 M USD
161.38 M USD
Invalid Date
1.65 B USD
231.13 M USD
166.32 M USD

Array Technologies Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 18, 2026, 12:49 PM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
20242025e2026e2027e2028e2029e2030e2031e
0.921.291.491.591.61.651.671.62
-41.9441.4215.306.640.822.991.15-3.35
32.4622.9519.9118.6718.5217.9817.7718.39
297297297297297297297297
-296104133155161166160135
-448.24-135.1427.8816.543.873.11-3.61-15.63
151.75151.75151.75151.75151.75151.75151.75151.75
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Array Technologies generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Array Technologies retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Array Technologies's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Array Technologies has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Array Technologies's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Array Technologies Stock Quarterly Figures

 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
2026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
344375399321372382397353
60.009.016.40-19.5515.892.693.93-11.08
30.5228.0026.3232.7128.2327.4926.4529.75
105105105105105105105105
2735392632353734
-2,800.0029.6311.43-33.3323.089.385.71-8.11
154.09154.09154.09154.09154.09154.09154.09154.09
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Array Technologies generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Array Technologies retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Array Technologies's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Array Technologies has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Array Technologies's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Array Technologies stock margins

The Array Technologies margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Array Technologies. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Array Technologies.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
3.99 %
-21.05 %
-20.91 %
Jan 1, 2019
23.28 %
12.87 %
6.13 %
Jan 1, 2020
23.24 %
10.91 %
6.77 %
Jan 1, 2021
9.72 %
-2.89 %
-7.75 %
Jan 1, 2022
13.88 %
-0.77 %
-2.66 %
Jan 1, 2023
26.36 %
13.58 %
5.43 %
Jan 1, 2024
32.5 %
11.02 %
-32.33 %
Invalid Date
32.5 %
9.4 %
8.07 %
Invalid Date
32.5 %
12.66 %
8.98 %
Invalid Date
32.5 %
13.77 %
9.77 %

Array Technologies Stock Sales Revenue, EBIT, Earnings per Share

The Array Technologies earnings per share therefore indicates how much revenue Array Technologies has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2018
2.29 USD
-0.48 USD
-0.48 USD
Jan 1, 2019
5.1 USD
0.66 USD
0.31 USD
Jan 1, 2020
7.18 USD
0.78 USD
0.49 USD
Jan 1, 2021
6.56 USD
-0.19 USD
-0.51 USD
Jan 1, 2022
10.93 USD
-0.08 USD
-0.29 USD
Jan 1, 2023
10.37 USD
1.41 USD
0.56 USD
Jan 1, 2024
6.03 USD
0.66 USD
-1.95 USD
Invalid Date
8.47 USD
0.8 USD
0.68 USD
Invalid Date
9.77 USD
1.25 USD
0.88 USD
Invalid Date
10.42 USD
1.44 USD
1.02 USD

Array Technologies business model

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 1,058 full-time employees. The company went IPO on 2020-10-15. The firm manufactures ground-mounting tracking systems used in solar energy projects at utility scale. Its segments include Array Legacy Operations and STI Operations. Its products are a portfolio of integrated solar tracking systems comprised of steel supports, electric motors, gearboxes and electronic controllers commonly referred to as a single-axis tracker. Its tracker uses a patented design that allows one motor to drive multiple rows of solar panels. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities. Its products and services include Tracker Systems, DuraTrack HZ v3, Array STI H250, Array OmniTrack and SmarTrack Software. Its DuraTrack HZ v3 is a single axis tracker and incorporates features, such as a patented single bolt per module mounting system.

Array Technologies Segments

Array Technologies Revenue by Segment

  • Max

Array U.S. Operations
STI Operations
Details
Date
Array U.S. Operations
STI Operations
Jan 1, 2023
1.17 B USD
403.72 M USD
Jan 1, 2024
661.63 M USD
254.18 M USD
Jan 1, 2025
1.07 B USD
213.66 M USD

Array Technologies Revenue by Region

  • 3 Years

  • Max

U.S
Spain
Brazil
Australia
Rest of the world
Remainder
United States
Details
Date
U.S
Spain
Brazil
Australia
Rest of the world
Remainder
United States
Jan 1, 2021
0 USD
0 USD
0 USD
0 USD
21.17 M USD
0 USD
5.51 M USD
Jan 1, 2023
1.17 B USD
99.16 M USD
257.87 M USD
20.84 M USD
0 USD
32.52 M USD
0 USD
Jan 1, 2024
643.48 M USD
83.74 M USD
135.1 M USD
8.71 M USD
0 USD
44.77 M USD
0 USD
Jan 1, 2025
1.04 B USD
141.05 M USD
60.72 M USD
23.78 M USD
0 USD
17.23 M USD
0 USD

Array Technologies Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Array Technologies historical P/E ratio, EBIT multiple, and P/S ratio

Array Technologies shares outstanding

The number of shares was Array Technologies in 2025 — This indicates how many shares 151.754 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
127 M base_Shares
Jan 1, 2019
127 M base_Shares
Jan 1, 2020
121.5 M base_Shares
Jan 1, 2021
130 M base_Shares
Jan 1, 2022
149.8 M base_Shares
Jan 1, 2023
152.02 M base_Shares
Jan 1, 2024
151.75 M base_Shares
Invalid Date
151.75 M base_Shares
Invalid Date
151.75 M base_Shares
Invalid Date
151.75 M base_Shares

Current Array Technologies forecasts and price targets in March 2026

Δ MOM Price Target
null %
Buy59.38 % (19)
Hold37.50 % (12)
Sell3.13 % (1)
12M Price Target
11.22
Last Price
6.99
Currency
USD
12M Return Potential
60.56 %
LTM Return
0 %

Array Technologies Earnings Estimates

Array Technologies Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/25/2026-0.01USD216.26 MUSD2025 Q4
8/7/20250.2USD296.26 MUSD2025 Q2
11/7/20240.14USD237.5 MUSD2024 Q3
11/8/20220.1USD405.34 MUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Array Technologies stock

42/100
18
Environment
56
Social
52
Governance
E

Environment

20
Scope 1 - Direct Emissions375
Scope 2 - Indirect emissions from purchased energy708
Scope 3 - Indirect emissions within the value chain1,077,875
Total CO₂ emissions1,083
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees29
Percentage of women in management
Percentage of Asian employees10
Share of Asian management12
Percentage of Hispanic/Latino employees31
Hispano/Latino Management share21
Percentage of Black employees6
Black Management Share4
Percentage of white employees40
White Management Share59
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Array Technologies shareholders

% Name
9.65268%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
9.33901%
Hill City Capital LP
Hill City Capital LP
7.09118%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.15625%
Grantham Mayo Van Otterloo & Co LLC
Grantham Mayo Van Otterloo & Co LLC
6.06330%
BlackRock Investment Management (UK) Ltd.
BlackRock Investment Management (UK) Ltd.
4.53973%
BNP Paribas Asset Management UK Limited
BNP Paribas Asset Management UK Limited
3.81456%
Schroder Investment Management Ltd. (SIM)
Schroder Investment Management Ltd. (SIM)
3.03390%
Assenagon Asset Management S.A.
Assenagon Asset Management S.A.
2.89622%
State Street Investment Management (US)
State Street Investment Management (US)
2.66401%
Morgan Stanley & Co. LLC
Morgan Stanley & Co. LLC
...

Array Technologies Executives and Management Board

KH

Mr. Kevin Hostetler

(56)

Chief Executive Officer, Director · since 2022

Compensation8.87 M USD
NM

Mr. Neil Manning

(54)

President, Chief Operating Officer

Compensation1.81 M USD
TC

Mr. Terrance Collins

(56)

Chief Human Resources Officer

Compensation1.75 M USD
JZ

Mr. James Zhu

(63)

Chief Accounting Officer

Compensation1.62 M USD
BF

Mr. Bradford Forth

(60)

Independent Chairman of the Board

Compensation360,000 USD

Array Technologies Supply Chain

Most common questions regarding Array Technologies

All fundamentals about Array Technologies

Our stock analysis for Array Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Array Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.