profit from every $100 of sales.
$0$100
Array Technologies
$5.19-11.36% today
-39.2% in 1 year
1-year low $3.151-year high $11.96
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Array Technologies sold, what it kept, and what it did with the cash.
Sales went from $1.64 billion in 2022 to $1.28 billion in 2025, with -$52.2 million of profit last year.
SalesProfit
Array Technologies vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Array Technologies | No profit yet | ||
 First Solar | 13.5× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 31.4× · Expensive |
AI analysis
An AI analyst reads Array Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,638 | 1,577 | 916 | 1,284 | |
| 213 | 416 | 298 | 299 | |
| -23 | 217 | 101 | 74 | |
| 133 | 276 | -163 | 45 | |
| 4 | 137 | -240 | -52 | |
| -0.29 | 0.56 | -1.95 | -0.73 | |
| 13.0% | 26.4% | 32.5% | 23.2% | |
| -1.4% | 13.8% | 11.0% | 5.7% | |
| 0.3% | 8.7% | -26.2% | -4.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,706 | 1,707 | 1,426 | 1,452 |
| Cash | 134 | 249 | 363 | 244 |
| Total debt | 770 | 730 | 698 | 766 |
| Total liabilities | 1,282 | 1,096 | 1,137 | 1,191 |
| 424 | 611 | 289 | 260 | |
| 150 | 152 | 152 | 153 | |
| 2.1% | 13.0% | -17.3% | -0.1% | |
| 1.0% | 22.5% | -83.2% | -20.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 141 | 232 | 154 | 102 | |
| 11 | 17 | 19 | 22 | |
| 131 | 215 | 135 | 80 | |
| Dividends paid | 19 | 0 | 0 | – |
| – | – | – | – | |
| 15 | 15 | 10 | 16 |
Valuation
- –
- 7.4×
- –
- 5.1×
- 0.6×
- 10.0×
- 29.1×
- 10.0%
- -6.5%
- 0.0%
Profitability
- 23.2%
- 5.7%
- -4.1%
- 1.5%
- 4.7%
- -4.9%
- -20.6%
- -4.5%
- 4.8%
- 0.4%
Growth
- −7.8%
- –
- −45.6%
- –
- +4.1%
Financial health
- 11.5×
- 0.40
- 7.2%
- 2.1×
- 2.25
- 1.82
- 0.82
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 30%of 465
Bottom 29%of 462
Bottom 26%of 457
Top 24%of 458
What analysts expect
- Average price target
- $9.17
- Range
- $8.00 – $11.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.06 | -0.06 | +200.0% |
| Feb 25, 2026 | -0.01 | -0.01 | −27.2% |
| Nov 5, 2025 | 0.30 | 0.21 | +42.9% |
| Aug 7, 2025 | 0.25 | 0.21 | +19.0% |
| May 6, 2025 | 0.13 | 0.09 | +44.4% |
| Feb 27, 2025 | 0.16 | 0.19 | −15.8% |
| Nov 7, 2024 | 0.17 | 0.14 | +21.4% |
| Aug 8, 2024 | 0.20 | 0.11 | +81.8% |
News
Array Digital Infrastructure, Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 6, 2026Why Array Technologies, Inc. (ARRY) Dipped More Than Broader Market TodayYahoo Finance · Sep 16, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
30No pass
Benjamin Graham
31No pass
Philip Fisher
21No pass
Peter Lynch
26No pass
Joel Greenblatt
0No pass
Charlie Munger
14No pass
Terry Smith
9No pass
Questions about Array Technologies
Is Array Technologies a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Array Technologies AI analysis
What does Array Technologies do?
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. It is in Solar.
Does Array Technologies pay a dividend?
No. Array Technologies does not pay a dividend at the moment.
Is Array Technologies stock halal?
No. Array Technologies does not pass our halal screen: its debt is 96% of its market value, at or above the 33% limit. How we check
How has Array Technologies stock done over the past year?
Down 39.2% over the past twelve months, to $5.19. It traded between $3.15 and $11.96 and is 56.6% below its high.
Who are Array Technologies's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with Array Technologies's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.