Array Technologies, Inc.: stock overview

ARRYNASDAQTechnology · Semiconductors & Related Devices

Price

$4.84

November 13, 2026Market cap $740M

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  • The full history: 8 fiscal years, from 2018
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

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In short

Array Technologies had revenue of $1.1B over the last 12 months and a net loss of $111M. Revenue grew by 8.0% a year on average over the last 5 years. It has net debt of $563M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$740M
153M shares
P/E
–
Revenue, 12 months
$1.1B
+8.0% a year over 5 years
Net margin
-9.9%
2025: -4.1%, above 35% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

-9.7% a year over 2 years

  • 202510-K
    Revenue$1.3B
  • 202410-K
    Revenue$916M
  • 202310-K
    Revenue$1.6B

Fiscal years in figures

ARRY's revenue, profit, cash flow and dividend with each year-end price, from 2018 to 2022, 5 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $1.4B
$740M
Enterprise value 
$1.3B
P/E 
–
EV / EBIT 
–
EV / Revenue 
1.2
P/B 
–
FCF yield 3-year median: 8.5%
15.1%
Earnings yield 3-year median: -7.9%
–

Profitability

Gross margin 
22.4%
Operating margin 
-8.2%
Net margin 3-year median: -4.1%
-9.9%
ROIC 
-14.8%
ROIC, 5-year average 
-4.7%
ROE 
–

Growth

Revenue, yearly change 
+40.2%
EPS, yearly change 
–
FCF, yearly change 
-45.6%
Revenue, average a year 
+8.0%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$143M
Total debt 
$759M
Of which operating leases 
$53M
Net debt 
$563M
Net debt / EBITDA 
–
Interest cover 
-4.1x
Current ratio 
1.62

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+0.5%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 36).

Gross margin

23.3%

Above 28% of the 179 companies in its industry, and 27% of all.

Operating margin

-2.3%

Above 37% of the 189 companies in its industry, and 30% of all.

Net margin

-4.1%

Above 35% of the 193 companies in its industry, and 26% of all.

ROA

-3.6%

Above 32% of the 194 companies in its industry, and 23% of all.

Revenue growth

40.2%

Above 90% of the 183 companies in its industry, and 92% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
Array Technologies, Inc.
CIK
1820721
Exchange
NASDAQ
Industry (SIC)
3674 · Semiconductors & Related Devices
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
153M

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The full analysis

What do Array Technologies's filings show?

These are Array Technologies's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about ARRY

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What is ARRY's market cap?

Array Technologies, Inc.'s market cap is $740M, at a price of $4.84 on November 13, 2026 and 153M shares.

How much revenue does ARRY have?

Array Technologies had revenue of $1.1B over the last 12 months. Over the last 5 years it changed by +8.0% a year on average.

Does ARRY pay a dividend?

No. Array Technologies paid no regular dividend over the last 12 months.

Where do the figures come from?

From Array Technologies, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.