ARRAY TECHNOLOGIES INC (ARRY)
Industrials · Solar tracking and racking equipment · NASDAQ
Array Technologies manufactures solar tracking systems that maximize photovoltaic panel efficiency for utility-scale and commercial renewable energy projects globally.
What ARRAY TECHNOLOGIES INC does
Array Technologies designs and manufactures solar tracking systems and racking solutions that optimize photovoltaic panel performance and installation in utility-scale and commercial solar power plants. The company provides tracker hardware, controls, and software to enable more efficient solar energy capture. Array Technologies recently acquired APA (Aerojet Propulsion Alliance or related assets), expanding its technology and product portfolio to serve renewable energy infrastructure markets.
Themes: ["solar energy infrastructure","renewable energy","solar tracking technology","photovoltaic systems","utility-scale solar","clean energy equipment"]
Fundamentals
- Price$6.46 as of 2026-07-09 close
- Market cap$994M as of 2026-07-10
- 1-year return-16.1% as of 2026-07-09 close
- Net margin-5.6% as of 2026-07-10
- Gross margin+26.1% as of 2026-07-10
- ROE-20.6% as of 2026-07-10
- Debt / equity2.65 as of 2026-07-10
- Revenue growth (YoY)+13.2% as of 2026-07-10
- Revenue CAGR (3y)-7.8% SEC XBRL
- Beta1.81 as of 2026-07-10
Dividend: does not currently pay a dividend.
Key risks (from latest filing)
["Integration risks from APA acquisition could delay expected synergies, increase costs, and divert management attention","Revenue declined 26% year-over-year in Q1 2026 and company is unprofitable with negative net margin of -5.56%, indicating margin pressure and operational challenges","Customer and employee uncertainty following the APA acquisition could lead to delayed business decisions, contract renegotiations, or loss of key talent"]
Competitors & peers
- Nextracker (NXTP)
- Sungrow Power Supply
- PV Hardware
- GameChange Solar
- Scorpius Structural
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.