Array Technologies, Inc.ARRYNASDAQ

Revenue (LTM)

$1.3B

+40.2% YoY

Net Income (LTM)

$-52M

+78.3% YoY

Free Cash Flow

$80M

Revenue CAGR (5Y)

+10.8%

Marginsimproving

FCF$0.1B

Unprofitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	853	1,638↑91.9%	1,577↓3.7%	916↓41.9%	1,284↑40.2%
Gross Profit	68	213↑211.4%	416↑95.4%	298↓28.4%	272↓8.5%
Operating Income	-25	-18↑26.7%	214↑1280.9%	-227↓206.0%	84↑137.2%
Net Income	-50	4↑108.8%	137↑2996.6%	-240↓275.2%	-52↑78.3%
EBITDA	1	133↑25990.6%	276↑108.0%	-163↓159.0%	45↑127.9%
EPS Diluted	-0.51	-0.29↑43.1%	0.56↑293.1%	-1.95↓448.2%	-0.73↑62.6%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	368	134↓63.6%	249↑86.0%	363↑45.7%	244↓32.7%
Total Current Assets	852	831↓2.4%	832↑0.1%	999↑20.0%	869↓13.0%
Total Assets	1,143	1,706↑49.3%	1,707↑0.0%	1,426↓16.4%	1,452↑1.8%
Total Current Liabilities	245	465↑89.7%	336↓27.8%	438↑30.4%	377↓13.9%
Total Liabilities	975	1,282↑31.5%	1,096↓14.5%	1,137↑3.7%	1,191↑4.8%
Total Equity	168	424↑151.9%	611↑44.0%	289↓52.7%	260↓9.8%
Total Debt	721	779↑8.1%	708↓9.2%	693↓2.1%	766↑10.6%
Net Debt	354	646↑82.6%	459↓29.0%	330↓28.1%	522↑58.3%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	-263	141↑153.8%	232↑63.9%	154↓33.6%	102↓33.9%
Capital Expenditure	-3	-11↓216.3%	-17↓60.0%	-7↑57.0%	-22↓200.8%
Free Cash Flow	-267	131↑149.1%	215↑64.3%	147↓31.8%	80↓45.6%
Stock-Based Comp	14	15↑8.9%	15↓3.0%	10↓28.8%	0
Net Change in Cash	259	-234↓190.2%	115↑149.3%	115↓0.1%	-118↓202.7%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

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