ARRY

Array Technologies Inc

ARRY.US arraytechinc.com
4.62
+0.07 (+1.54%)
USD · NASDAQ
52-week range
4.31
12.23
Trading at 4% of the 52-week range
Market Cap
699.91M
P/E Ratio
0.00
Forward P/E
5.59
Book Value
-1.31
Div. Yield
N/A
% Institutions
147.84%
% Insiders
0.660%

1 Year

-41.1%

3 Year

-81.6%

10 Year

-87.3%
Description

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company's products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Company Information

Company Name
Array Technologies Inc
Sector
Technology
Industry
Solar
Exchange
NASDAQ
ISIN: US04271T1007
CIK: 0001820721
CUSIP: 04271T100
Currency: USD
Full Time Employees: 1,200
Phone: 505 881 7567
Fiscal Year End: December
IPO Date: Oct 15, 2020
Description:

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company's products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Address:

3901 Midway Place NE, Albuquerque, NM, United States, 87109

People

Directors & Officers

Name Title Year Born
Mr. Kevin G. Hostetler CEO & Director 1968
Mr. Neil Manning COO & President 1971
Mr. H. Keith Jennings B.Com., C.A., M.B.A. Chief Financial Officer 1970
Ms. Gina K. Gunning J.D. Chief Legal Officer & Corporate Secretary 1957
Mr. Terrance L. Collins Chief Human Resources Officer 1965
Mr. James Zhu Chief Accounting Officer 1962
Mr. Aaron Gabelnick Chief Strategy & Technology Officer NA
Sarah Sheppard Head of Investor Relations NA
Ms. Jessica Lawrence-Vaca Chief Commercial Officer NA
Mr. Darin Green Global Chief Revenue Officer NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Dec 16, 2024 Neil Manning N/A Purchase 5.70K $5.21 $29.70K
Nov 15, 2024 Kevin G Hostetler N/A Purchase 14.43K $6.93 $100.00K
Mar 20, 2024 Kevin G Hostetler N/A Sale 8.18K $12.30 $100.56K
Sep 01, 2023 Tyson Hottinger N/A Sale 7.50K $25.04 $187.80K
Aug 14, 2023 Nipul M Patel N/A Sale 54.59K $23.12 $1.26M
Aug 11, 2023 Tyson Hottinger N/A Sale 8.50K $23.32 $198.22K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 29.19M Mar 31, 2026 18.95% $0.00 24.70%
Hill City Capital, LP 12.89M Jun 30, 2026 8.37% $2.23 0.00%
Grantham, Mayo, Van Otterloo & Co., LLC 10.95M Mar 31, 2026 7.11% $0.20 32.28%
First Trust Advisors L.P. 10.34M Jun 30, 2026 6.71% $0.05 2,982.45%
BNP Paribas Investment Partners SA 9.61M Mar 31, 2026 6.24% $0.08 21.09%
Vanguard Portfolio Management, LLC 8.10M Mar 31, 2026 5.26% $0.00 0.00%
UBS Group AG 7.80M Mar 31, 2026 5.07% $0.01 30.19%
Amvescap Plc. 7.43M Mar 31, 2026 4.82% $0.01 35.26%
Morgan Stanley - Brokerage Accounts 6.99M Mar 31, 2026 4.54% $0.00 5.58%
Vanguard Capital Management, LLC 6.68M Mar 31, 2026 4.34% $0.00 0.00%
State Street Corp 4.82M Mar 31, 2026 3.13% $0.00 0.42%
Schroder Investment Management Group 4.34M Jun 30, 2026 2.82% $0.02 -24.82%
Geode Capital Management, LLC 3.97M Mar 31, 2026 2.58% $0.00 3.66%
Amundi 3.86M Mar 31, 2026 2.51% $0.01 -6.34%
The Goldman Sachs Group Inc 2.78M Mar 31, 2026 1.80% $0.00 37.00%
Pictet Asset Manangement SA 2.55M Jun 30, 2026 1.66% $0.02 3.23%
Handelsbanken Fonder AB 2.41M Jun 30, 2026 1.56% $0.05 -6.34%
Allianz Asset Management AG 2.37M Mar 31, 2026 1.54% $0.02 245.79%
Swedbank AB 2.35M Jun 30, 2026 1.53% $0.02 62.67%
Allspring Global Investments Holdings, LLC 2.33M Mar 31, 2026 1.51% $0.03 50.84%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BGF Sustainable Energy A2 11.10M 7.21% ▲ 0.00% May 31, 2026
2 BNP Clean Energy Solutions C D 9.22M 5.99% ▼ 0.01% Jul 31, 2026
3 First Trust RBA Amer Indl RenaisTM ETF 9.21M 5.98% ▲ 0.11% Aug 31, 2026
4 iShares Global Clean Engy Trns ETF $Dist 5.08M 3.30% ▲ 0.00% Aug 28, 2026
5 Vanguard MStar Total Stk Mkt Idx Invest 4.87M 3.16% ▲ 0.00% Jul 31, 2026
6 Invesco Solar ETF 3.91M 2.54% ▼ 2.47% Aug 31, 2026
7 T. Rowe Price Real Assets Tr I-D 3.80M 2.47% ▲ 0.00% Jun 30, 2026
8 iShares Russell 2000 ETF 3.70M 2.40% ▲ 0.00% Aug 31, 2026
9 Vanguard Small Cap Index 3.55M 2.31% ▲ 0.34% Jul 31, 2026
10 GMO Resources Composite 3.28M 2.13% ▲ 13.40% Jun 30, 2026

Financial Highlights

Market Cap: $699.91M
EBITDA: $119.36M
PEG Ratio: $0.47
Book Value: $-1.31
Earnings/Share: $-0.98
Profit Margin: -7.25%
Operating Margin: 10.88%
ROA (TTM): 3.33%
ROE (TTM): -25.98%
Revenue (TTM): $1.19B
Revenue/Share (TTM): $7.74
Earnings Growth (YOY): -73.20%
Revenue Growth (YOY): -5.60%

Valuation Metrics

Enterprise Value: $1.63B
Trailing P/E: 0.00
Forward P/E: 5.59

Shares Statistics

Shares Outstanding: 153.83M
Shares Float: 140.06M
% Insiders: 0.660%
% Institutions: 147.84%
Short % Float: 29.27%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$1.28B
Cost of Goods Sold
adjust
$-985.59M
Gross Profit
subtotal
$298.55M
SG&A
adjust
$-198.61M
R&D
adjust
$-18.70M
Other Operating Expense
adjust
$-7.50M
Operating Income
subtotal
$73.74M
Other / Non-Operating Items
adjust
$-125.98M
Net Income
subtotal
$-52.24M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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