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Array Technologies, Inc. (ARRY) stock

ARRYNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 6/3061% below fair value
$5.20+0.47 (+9.94%)

Close on Nov 11, 2026Market cap $800.84MP/E –Yield –

Array Technologies, Inc. saw revenue fall 15.9% to $1.12B over the twelve months to Sep 30, 2026. Free cash flow was $111.80M, up 12.3% from a year earlier. At the latest close the market valued the company at $800.84M.

Revenue
$1.12B
-15.9% vs. a year earlier
Operating income
-$92.29M
TTM Q3 2026
Free cash flow
$111.80M
+12.3% vs. a year earlier
EPS, diluted
-$1.16
TTM Q3 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$800.84M
P/E ratio
–
Price to sales
0.71
Price to book
–
Dividend yield
–
Free cash flow yield
13.96%

Fundamentals

Revenue
$1.12B
Net income
-$111.21M
EPS, diluted
-$1.16
Free cash flow
$111.80M
Book value per share
-$1.35
Diluted shares
154M

Trading

Next earnings
Feb 24, 2027 (estimated, during market hours)
Previous close
$4.73
Open
$4.80
Day's range
$4.69 – $5.25
Volume
11,370,030
Average volume (20 days)
12,627,917
Index membership
Russell 2000 (since Jun 2021), Russell 3000 (since Nov 2020)
Beta (5 years)
1.54
52-week range
$3.09 – $12.23
RSI (14 days)
62.0
Volatility (1 year)
81.9%
Relative volume
1.43×
WACC
8.6%

On 1 of our idea list: Most shorted (a warning list)

Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2020, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodARRYS&P 500DifferenceARRY per yearS&P 500 per year
1 month+41.3%-2.4%+43.7 pts
3 months-2.8%-1.2%−1.7 pts
Year to date-43.6%+12.3%−55.9 pts
1 year-43.5%+12.4%−56.0 pts
3 years-62.9%+78.8%−141.7 pts-28.1%+21.4%
5 years-76.5%+75.2%−151.6 pts-25.1%+11.9%

Nine years at a glance

Fiscal years 2017 to 2025 and trailing twelve months, USD

Revenue

$1.12B-15.9% YoY

Gross profit

$251.16M-29.8% YoY

Operating income

-$92.29M

Net income

-$111.21M

EPS, diluted

-$1.16

Free cash flow

$111.80M+12.3% YoY
Reported periodTrailing twelve months

Press releases

Releases Array Technologies filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Array Technologies

Semiconductors & Related Devices

Array Technologies, Inc. provides solar tracking technology and fixed-tilt mounting systems for utility-scale and distributed photovoltaic installations. Its primary products include single-axis tracker systems—such as DuraTrack, Array STI H250, OmniTrack, and SkyLink—as well as SmarTrack control software, foundations, and racking hardware. The company also offers technical field services and customer training programs. Operating through segments that include Array Legacy Operations and STI Operations, the firm markets its equipment to solar project developers, utilities, independent power producers, and engineering, procurement, and construction contractors.

Company profile, executives and history

Array Technologies stock: common questions

What is Array Technologies's stock price?

ARRY closed at $5.20 on Nov 11, 2026, up 9.94% on the day. Over the past 52 weeks it traded between $3.09 and $12.23.

What is Array Technologies's market cap?

Array Technologies was worth $800.84M at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is ARRY's P/E ratio?

Array Technologies lost money over the twelve months to Sep 30, 2026 (diluted EPS -$1.16), so it has no meaningful P/E ratio.

How much revenue does Array Technologies make?

Array Technologies reported revenue of $1.12B for the twelve months to Sep 30, 2026, down 15.9% from a year earlier.

Does Array Technologies pay a dividend?

No. Array Technologies has not paid a cash dividend over the last twelve months.

When does Array Technologies report earnings next?

Array Technologies is expected to report Q4 FY2026 results on Feb 24, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.

How has ARRY stock performed over the past year?

Including dividends, ARRY returned -43.5% over the past year, against +12.4% for the S&P 500.

How many ARRY shares are sold short?

40M shares were sold short at the latest FINRA report, 26.10% of the float, or 5.5 days of average trading volume.

Who are Array Technologies's competitors?

Companies most similar to Array Technologies by business, industry and size include ENPH, TE, SEDG, NXT, MAXNQ.

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