Array Technologies, Inc. (ARRY) company profile
Close on Nov 12, 2026Market cap $739.24MP/E –Yield –
About Array Technologies
Semiconductors & Related Devices, SIC 3674
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.
The company employs approximately 1,200 full-time workers across North America, Latin America, Europe, the Middle East, Asia, Australia, and Africa. It conducts manufacturing and warehousing operations across facilities in New Mexico, Ohio, Connecticut, Spain, and Brazil, and sells products globally across multiple continents. The provided text details major corporate offices and production facilities in Bernalillo County and Albuquerque, New Mexico, but does not explicitly name a corporate headquarters location.
Summary of the business section of Array Technologies's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Array Technologies, Inc.
- Headquarters
- Albuquerque, NM
- Address
- 701 Atrisco Vista Blvd Nw 87120
- Phone
- (505) 881-7567
- Website
- arraytechinc.com
- Employees
- 1,200, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Tempe, Arizona
Stock & identifiers
- Ticker
- ARRY
- Exchange
- Nasdaq
- IPO date
- Oct 16, 2020
- Shares outstanding
- 154M, Jul 31, 2026
- Public float
- $707.06M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1820721
- CUSIP
- 04271T100
- ISIN
- US04271T1007
- FIGI
- BBG001V4SF46
- Share class FIGI
- BBG002MX7TQ9
- LEI
- 549300JM5FECYJQ85V37
- EIN
- 83-2747826
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kevin G. Hostetler | Chief Executive Officer, Director | 448,166 |
| James Zhu | Chief Accounting Officer | 34,743 |
| Terrance L. Collins | Chief Human Resources Officer | 96,257 |
| Neil Manning | President & COO | 92,901 |
| Gina K. Gunning | Chief Legal Officer | 24,666 |
| H. Keith Jennings | Chief Financial Officer | 40,782 |
| Jayanthi Iyengar | Director | 73,807 |
| Emily Rachel Cohen | Director | – |
| Carolyne Murff | Director | – |
| Troy Alstead | Director | 74,333 |
| Orlando D. Ashford | Director | 74,333 |
| Tracy C. Jokinen | Director | 44,516 |
| Gerrard Schmid | Director | 85,785 |
| John Bradford Forth | Director | 151,020 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jim Fusaro | $0 | $0 | $2.14M | $21 | $16 |
| FY2025 Kevin Hostetler | $6.80M | $11.40M | $2.14M | $21 | $16 |
| FY2024 Jim Fusaro | $0 | $0 | $1.98M | $14 | $24 |
| FY2024 Kevin Hostetler | $8.87M | -$1.26M | $1.98M | $14 | $24 |
| FY2024 Mr Fusaro | $0 | $0 | $1.98M | $14 | $24 |
| FY2024 Mr Hostetler | $8.86M | -$1.26M | $1.98M | $14 | $24 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Kevin Hostetler Chief Executive Officer | $869.14K | – | $4.78M | $1.13M | $31.77K | $6.80M | -23% |
| H. Keith Jennings Chief Financial Officer | $480.77K | $100.00K | $2.06M | $406.36K | $33.76K | $3.08M | – |
| Neil Manning President and Chief Operating Officer | $461.48K | – | $778.75K | $335.27K | $17.59K | $1.59M | -12% |
| Gina Gunning Chief Legal Officer and Corporate Secretary | $406.04K | $545.00K | $1.14M | $279.81K | $16.78K | $2.38M | – |
| Terrance Collins Chief Human Resources Officer | $432.02K | – | $778.75K | $268.83K | $21.86K | $1.50M | -14% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Oct 16, 2020
- Offer price
- $22.00
- Securities offered
- 47,500,000
- Gross proceeds
- $1.05B
- Exchange
- Nasdaq
- First trading day
- Oct 15, 2020
- First-day close
- $36.45+65.7%
- Lock-up ends (est.)
- Apr 13, 2021
“The initial public offering price of our common stock is $22.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 1,200 full-time employees, of which approximately 66% are located in the U.S., while the other 34% are located throughout the world in Europe, the Middle East, Asia, Latin America, Australia, and Africa.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 14, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 10, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 31, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 2, 2023 | Late filing | Notification of late filing |
| Mar 4, 2022 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 2, 2022 | Late filing | Notification of late filing |
| Jan 12, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 16, 2020 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 13, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 13, 2020 | Name change | Name changed from ATI Intermediate Holdings, LLC to Array Technologies, Inc. |
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