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NASDAQ · Solar · USD

Array Technologies, Inc. (ARRY) Stock Analysis

Array Technologies, Inc. (ARRY) is a Solar stock listed on NASDAQ and quoted in US Dollar.

ARRY

$4.60

+$0.06 (+1.32%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ARRY Key Statistics

As of Sep 4, 2026
Trading
Open
$4.55
Previous Close
$4.54
Day's Range
4.49–4.61
52-Week Range
4.31–12.23
Volume
2.99M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.77
Valuation
Market Cap
$707.60M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.13
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.47
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.60
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.96
Financials (FY)
Revenue (FY)
$1.28B+40.22%
Net Income (FY)
−$52.24M
Profit marginThe share of revenue left as profit after all costs and taxes.
−7.25%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
153.83M
1-Year Return
−49.39%
Dividend and dates
Earnings Date
November 4, 2026
Avg Volume
6.70M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ARRY Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−50.11%
2025+52.65%
2024−64.05%
2023−13.09%
2022+23.20%
2021−63.63%
2020 (partial year)+18.35%

As of September 4, 2026.

ARRY Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$1.28B−$52.24M−4.1%
2024$915.81M−$240.39M−26.2%
2023$1.58B$137.24M8.7%
2022$1.64B$4.43M0.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$1.28B$298.55M$73.74M−$52.24M−4.1%
2024$915.81M$297.68M$101.02M−$240.39M−26.2%
2023$1.58B$415.55M$217.09M$137.24M8.7%
2022$1.64B$212.72M−$22.64M$4.43M0.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ARRY Valuation vs Solar Median

Median of 23 stocks
MetricARRYSolar medianvs median
P/S ratio0.600.575% above
Profit margin−7.25%−3.77%3.5 pts below

Medians across 23 Solar stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 17 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Array Technologies, Inc. (ARRY) carries a market capitalisation of $707.60M. It is classified in the Solar industry, within the Technology sector. Headcount on file is 1,200.

The 52-week range on file runs from $4.31 to $12.23. The most recent close on file for ARRY is $4.60, dated September 4, 2026. That is +$0.06 (+1.32%) against the previous close. The latest close sits 6.73% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $1.28B. That is +40.22% against the prior fiscal year, when revenue was $915.81M. The same year closed with a net loss of $52.24M. Profit margin runs at −7.25%. That is 3.5 percentage points below the Solar median of −3.77%. Earnings per share on a trailing basis come to −0.96.

Across the 4 fiscal years on file, revenue moves from $1.64B in 2022 to $1.28B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 5.13. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.47. Measured against sales, the shares trade at 0.6 times revenue. On price-to-sales that is 4.93% above the Solar median of 0.57. The medians here are taken across 23 Solar companies that report the metric.

Beta against the wider market is reported at 1.77. Daily returns over the trailing 5 years annualize to a volatility of 81.85%. Over the trailing twelve months the price has returned −49.39%. Measured over 5 years, that is −25.09% a year compounded.

Growth & Income

The record shows no dividend for ARRY.

2026 is still running; the price is −50.11% year to date. The strongest complete calendar year on file is 2025 at +52.65%; the weakest is 2024 at −64.05%. Of the 5 complete calendar years on file, 2 finished higher.

Peer Comparison

Array Technologies, Inc. (ARRY) operates in the Solar industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Array Technologies, Inc. ARRY $707.60M —
First Solar, Inc. FSLR $21.97B 12.6
Nextpower Inc. NXT $12.98B 21.6
Enphase Energy, Inc. ENPH $4.81B 36.0

The Solar industry average P/E ratio is 9.6x. Array Technologies, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Array Technologies, Inc.

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company's products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

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